- March 3, 2022
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Strike CEO Jack Maulers was interviewed on Lily’s Show where he explained bitcoin and what it is in kid-friendly language. Lily’s Show which is hosted by 4-year-old Lily Knight is gradually gaining popularity in the space as the go-to channel for those who want to get kids involved in the space. In its latest episode, Maulers talks to Lily about the uses of bitcoin and why a currency like this is important.
What Will Bitcoin Solve?
To kick off the interview, Lily asks the Strike CEO what bitcoin was solving in the world. Mallers replied in a cheerful tone saying that the digital asset was trying to solve so much. He explained that the cryptocurrency was providing the world with “a superior monetary experience” that is provided by an asset that has a limited supply. With bitcoin, the rules are clear and everyone knows where the supply is coming from, says Maulers.
Related Reading | Safe Haven: How Gold Beat Bitcoin And Everything Else During Geopolitical Tensions
He goes on to explain that bitcoin gives control to the masses. Instead of using currencies like dollars which “we don’t know how they’re created, we don’t know when they’re
created, we don’t know why they’re created,” BTC provides the control that these fiat currencies do not. Even going as far as explaining that even real estate and precious metals are outside the control of regular people.
“in order for us to solve that, it would have to live in a monetary system that’s distributed isn’t in control of one government one nation-state, one person, one company, and lives within the internet of computers,” Mallers said.
He added that bitcoin would provide a “premium and superior monetary network” and will be an asset that is more trustworthy and can preserve and help to store wealth over time.
BTC Is For Everyone
Another popular argument in the crypto space is how bitcoin affects the lives of those in developing nations. People who live in first-world countries are easily able to take advantage of revolutionary technologies like BTC because they have access to it but for those in these countries who have less access, how does it affect them?
Maulers explains to the adorable 4-year-old that BTC is the most inclusive monetary network of all time. This means that the digital asset works the same for everyone regardless of whether they’re rich or poor. This way, it levels the playing field for everyone involved in the space.
BTC drops below $44k | Source: BTCUSD on TradingView.com
As for the future of the cryptocurrency, Mallers revealed that he expected to see the asset storying a good chunk of the planet’s wealth in the next five years. Given that there is a finite supply of BTC, he says that it is “the only asset class that can guarantee you a finite supply in the history of the universe.” He added that bitcoin will also be used to makes payments better and more inclusive.
Related Reading | Bitcoin On-Chain Metrics Bleed As Price Continues To Climb
Lily Knight is a four-year-old girl that has been a ‘holder since birth.’ On her show, Lily talks about bitcoin and other cryptocurrencies, as well as interviews prominent figures in the space.
Featured image from ZET Business, chart from TradingView.com
