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    The Fed is blowing up our financial system, says Strike founder & CEO Jack Mallers



    Jack Mallers, Strike founder and CEO, joins ‘Power Lunch’ to discuss Bitcoin as the cryptocurrency topped $28,000 for the first time in 9 months. » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
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    View 38 Comments

    38 Comments

    6. TheRiiiight on

      May I introduce you to our tech cult sir? Listen to me tell you how the program works and don't question things like slippage or the market shares of the largest holders or the complex international web of debts by Bitcoin miners. Just buy the magic coin you ape. It's so funny, memes!

      Owning nothing will make you so happy 👁️

    11. lee ivey on

      strike wouldn't exist without the easy money/low interest rates over the last 15 years. The fed isn't blowing up the financial system, it BLEW it up years ago.

    12. Adam X on

      He's right, bitcoins rules were changed to create btc,which is something quite different to Bitxoin. They added segwith completely breaking the original design, and they can also change the 21 million cap. Indeed it's almost guaranteed that the 21m cap will be increased, otherwise the miners will have no incentive as the block rewards go to zero. I'm holding till the next bull run and then get out

    21. K Dawg on

      Bitcoin rules can not be changed because it needs the consent of over 50% of the miners and not is just not possible to get everyone to agree for it to change… that is why the only way is to create a new blockchain and name it something else like Bitcoin Cash for example

    22. jeffdev C on

      There can only be one of me…..but my value stays the same. So bitcoin’s supply can stay the same…,but bitcoins demand can still change

    24. Calm down fam on

      I'm not buying Bitcoin at 27k or 65k that's ridiculous but I'll buy ETH POLKADOT COSMOS CARDANO, as they have more room to run. Bitcoin's time to get in was about 5-10 years ago

    30. ZACH HAG on

      According to certain economists, it's possible that the U.S. and certain parts of Europe might experience a recession at some point in 2023. Although a global recession, which is characterized by a decline in annual global per capita income, is relatively uncommon due to the faster growth rates of emerging markets like China, in comparison to developed economies. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to $250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?

    31. baltakatei on

      The Bitcoin that matters is the one whose node software you run. If you let someone else to run a node for you then eventually they'll reprogram the node to swindle you out of your coins. Being able to run your own node was attacked in 2017, leading to the UASF movement among node operators and developers.

    35. Shivraj Rana on

      This guy has however not explained how does he assume that bitcoin is a monetary instrument?? In its limited period of experience, bitcoin has been a poor store of value and poor medium of exchange! Also, if some private people could come up with bitcoin, assuming it succeeds, why would some other private people not come up with another limited token called shitcoin or pitcoin and which unlike bitcoin has better energy efficiency and is more amenable to being scaled up!
      Surprising to note such ill informed discussions get airtime in the US. No wonder, the financial system is in a mess!

    36. Crooger35 on

      This bitc* is talking like he knows what the questions will be, while doens't know what he is talking about when i heard this nonsense about BCH … IT IS A HARD FORK OF BTC .. so it means there is THE SAME fixed 21mil. supply, its just upgrated version of btc. It also has almostvthe same inflation (1-2% at the time of posting this)

    37. Verla Kunz on

      The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich

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