Jack Mallers on inflation
From Paid In Bitcoin! | Saquon Barkley & Jack Mallers | Pomp Podcast #607 · · The Pomp Podcast
“The problem that Saquon's facing is a problem everyone faces is that non-working capital, capital that you want to save, capital that isn't required to spend on your day-to-day life... you can't save it in cash anymore and the inflation problem that Saquon hinting at is extraordinarily real. And so then, you know, instead of asking why would I buy Bitcoin, well, where do I put my cash is the more accurate question to ask.”
On , Jack Mallers, CEO & Founder at Strike, spoke about inflation during Paid In Bitcoin! | Saquon Barkley & Jack Mallers | Pomp Podcast #607 on The Pomp Podcast.
About Jack Mallers
Jack Mallers, CEO of Strike and Twenty One Capital, publicly supported a proposed merger between Twenty One Capital, Strike, and Elektron Energy at the Bitcoin 2026 conference and in media appearances. Outlining a vision for a "Bitcoin company" that combines operating income with Bitcoin conviction, he described plans to build four business pillars: financial services, Bitcoin infrastructure, capital markets, and M&A. Mallers stated he would not be involved in negotiations between the two companies he leads to address conflict-of-interest questions. He also announced new Strike products including what the company calls "volatility proof loans" and a lending proof-of-reserves system. In interviews and public remarks, Mallers argued that U.S. fiscal challenges, including what he termed a "$40 trillion hole" in the balance sheet, would lead to further currency debasement and a need for the Federal Reserve to print money, which he said would drive Bitcoin's price higher. He stated, "Bitcoin has to go higher because mathematically there has to be more units of fiat currency created against a fixed supply of Bitcoin." Mallers also critiqued MicroStrategy's (now called Strategy) business model, arguing that its preferred share dividends create a "drag" and that comparing the company to a money market fund ignores risks, saying, "I personally would not think of it like a money market fund. It is not the risk-free rate."