Jack Mallers, CEO of Strike, announced a groundbreaking Bitcoin-backed loan system at the 2025 Bitcoin Conference in Las Vegas. He criticized fiat currency for its devaluation over time and declared Bitcoin as a reliable alternative. Mallers emphasized that Bitcoin cannot be printed or devalued, making it a stable asset for financial security. He introduced Strike's new loan system with interests ranging from 9-13% for amounts between $10,000 and $1 billion. He urged responsible debt management while asserting that Bitcoin's volatility is now comparable to other mainstream stocks.
Fiat currency has consistently lost value, making Bitcoin the solution for a sound financial future as it cannot be printed or debased.
Mallers argues that Bitcoin's volatility is now similar to that of established stocks, advocating for lower loan interest based on Bitcoin-backed loans.
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