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It is hard to believe that Jack Mallers is still only 31. Bitcoin star has already established several companies (including strike and on) and had a hand in how to get Salvador to accept BTC as statutorythe first country to do so. Now it creates Bitcoin Treasury Company – Twenty -one – compete with the largest on the market.
Malers recently talked to Coindesk for an interview (through friendship) And what motivates him about the continuing procedure of Bitcoins to the heart of capital markets.
Malers said the idea of twenty -one came out of a telegram group chat with managers in Tether. Malers is a long -time friend Paola Ardoino, CEO of Tether, who now has a headquarters in Salvador.
“We overlapped on similar projects, be it open source, the development of bitcoins, Salvador, just ways we can push the world in what we believe is in the right direction. So twenty one is the newest iteration,” Mallers said.
“We watched the story.” [of evolve and we’re like, ‘surely there’s gonna be, you know, blue chip, credible Bitcoin treasury company, which just means you’re capitalized on Bitcoin.’”
“At a certain point we kind of started to challenge each other on like, should we do [a Bitcoin treasury company]? … And that happened, you know, if no one will build it, you know why not us? “” Friends should be the change they wanted to see in the world. “
Twenty -one joined the Mallers and Ardoino, who decided to continue. It was joined by SoftBank, which appeared as a starting partner.
“They wanted to give a billion dollars and we said,” Well, we’re a bitcoin company, so we take your contribution to Bitcoins. “I don’t think in dollars I think a billion dollars were $ 10,500 at that time.
It plans to launch with at least 2,000 bitcoins, making it the third largest Bitcoin treasure in the world.
Mallery originally went after a rabbit hole after his advertising, a futures merchant, explained how the money really worked. He described how he was driven by the concern of money through government press and inflation. Depoliticization of money issuing will free us.
“My message.” [is] Bitcoin in front of your computer code than it is an asset than ETF, it is a moral code. Bitcoin is, you will not censor, you will not be inflated, you will not entertain, you will not fake and you will not steal, ”Mallers said.
“Bitcoin is not like a bunch of hedge fund in the Miami Club. Think about it as an ethical moral code that we all work to create a place in this world where we can safely exist,” he said.
