Keeping bitcoin in cold storage shields owners from losses, Jack Mallers argues

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Keeping bitcoin in cold storage shields owners from losses, Jack Mallers argues — Bitcoin cold storage shields users from loss

Jack Mallers, founder and CEO at Strike, questions who will ultimately absorb economic losses after what he describes as decades of government misallocation of labor and resources.

He suggests that those holding bitcoin in cold storage are protected from bearing these losses, highlighting bitcoin as an alternative for safeguarding personal wealth.

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Mallers recently announced the launch of liquidation-proof bitcoin-backed loans at Strike, aimed at shielding customers from market volatility. He previously clarified that he is not operating a Bitcoin treasury company following public queries on the subject. These developments follow ongoing discussion about asset protection in uncertain economic conditions.

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