Announcing Strike Private \ stacker news ~bitcoin

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Announcing Strike Private jimmymow.medium.com/announcing-strike-private-e019a7eb43f2

4477 sats \ 8 comments \ @kr 5 Oct 2023 bitcoin

1335 sats \ 2 replies \ @k00b 5 Oct 2023

With Strike Private, eligible clients get access to our leading Bitcoin infrastructure with no purchase limits, tailored custom pricing, and our team of Bitcoin experts. We partner with these clients on buying and selling bitcoin, Bitcoin education, Lightning Network overviews, guidance on self-custody, market analysis, and more. Whatever you need on your Bitcoin journey, Strike is your trusted, reliable, expert partner for the most significant monetary technology revolution of our lifetimes.

This sounds like some kind of white glove service which is probably great for their business - high net worth customers bring both money and connections.

I wonder what's next for strike. The have an exchange and fiatX->bitcoin->fiatY type services. It seems like they excel at navigating tradfi partnerships. If you excelled at tradfi partnerships what would you build next?

1142 sats \ 1 reply \ @kr OP 5 Oct 2023

stock trading would probably be up there

0 sats \ 0 replies \ @k00b 5 Oct 2023

Oh that'd be wild. I was discussing that a bitcoin <> equity exchange with someone recently. They were saying it's crazy illegal but Jack could probably knock it out.

309 sats \ 3 replies \ @anon 5 Oct 2023

Desperately throwing shit at a wall because his company is dying and a good portion of that is Jack Maller's fault. Kid got too cocky. Countless products announced but undelivered. A observable deterioration in how many people they can service because they allowed portions of their business to rely on Prime Trust. An observable deterioration in customer service over the last year. It is over and he is just burning his VC funds. He won't see another round.

According to LinkedIn several employees of the company have churned out after about a year and a half including leadership.

Good riddance with your empire. A reminder that Jack is only successful because of the wealth enjoyed from his parents and their exploits of the legacy fiat system.

🖕

379 sats \ 1 reply \ @k00b 5 Oct 2023

It is over and he is just burning his VC funds. He won't see another round.

👆👇 These conflict quite a bit.

A reminder that Jack is only successful because of the wealth enjoyed from his parents and their exploits of the legacy fiat system.

319 sats \ 0 replies \ @southside263 5 Oct 2023

lol.

HatersEverywhere.gif

1 sat \ 0 replies \ @BlokchainB 5 Oct 2023

Def feel the fire in this post but I will say the POS solution he pitched would have been massive but we never know what regulation huddles he had to overcome to implement.

But the way I see it is the rich and wealthy are in a different class than the middle class and upper middle class. Expecting these low liquidity exchanges to fill large buy orders is ridiculous. The slippage alone will eat into how many sats you can buy. Instead of being filled of vitriol just be happy you are front running these people and ultimately they are pumping your fiat bags if you care about that.

11 sats \ 0 replies \ @DarthCoin 5 Oct 2023

Yeah sure, another paypal over LN, but now "private". No thanks.