Strike CEO Jack Mallers used his keynote address at BTC Prague to frame bitcoin as a necessary moral and generational revolution against a financial system he claims has failed young people. He rejected characterizations of bitcoin (BTC) as solely for the wealthy or speculative gain.

Mallers, identifying as a young millennial, asserted his generation struggles under the weight of government debt and policies favoring elites. “My generation is struggling,” Mallers stated. “It’s not an investment; it’s a revolution.” He described government debt as “a form of time travel,” spending future resources, and asked why problems like poverty persist if money can simply be printed.

He traced systemic issues back to President Nixon ending the U.S. dollar’s convertibility to gold in 1971 and the subsequent petrodollar system. Mallers cited economist Robert Triffin’s dilemma, arguing that the dollar’s reserve status forces the U.S. to run deficits, exporting inflation and instability domestically. Mallers said:

The cost of printing is not paid in currency—it’s paid in us. The youth bear it.

Citing statistics, Mallers claimed social decline accelerated after 1971, including falling birth rates, rising divorce, increasing single-parent poverty, soaring health costs, declining life expectancy relative to Japan, unaffordable housing, and exploding incarceration rates. “Global reserve gone awry is not superpower—it’s a disease,” he argued.

Mallers contended that fiat money, controlled by governments, represents a “moral violation.” “Printing money is a moral violation—it’s stealing from future generations without consent. Fiat is a moral wrong,” he declared. He positioned bitcoin as humanity’s next essential tool, akin to fire or the printing press, designed with unbreakable ethical rules: “no censorship, no inflation… no theft.”

“Before bitcoin is the best-performing asset, it’s a moral stand,” Mallers asserted. He emphasized Bitcoin’s foundation in mathematics and cryptography, making it resistant to seizure or censorship: “Bitcoin creates immensity—the strength no violence can break.” He highlighted the community’s role: “Bitcoiners are bitcoin—the nodes enforcing consensus are run and defended by humans.”

Concluding, Mallers urged his generation to see BTC as hope for a better future. “Bitcoin is a moral option… It uses math to preserve happiness, saving, family, hope,” he said, adding: “Choose ethical money. Choose freedom.”

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