Jack Mallers Shuts Down The Idea That Wall Street Is A Threat To Bitcoin
Cointelegraph
Strike CEO Jack Mallers argues that institutional Wall Street involvement does not threaten Bitcoin, as the asset is designed for global adoption by everyone.Summary
Strike CEO Jack Mallers contends that Wall Street's increasing involvement in Bitcoin is not a threat to the asset's core principles. During a podcast appearance, Mallers emphasized that if Bitcoin were vulnerable to traditional institutional influence, it would not have been a viable financial system in the first place. He frames Bitcoin as "money for all," suggesting that the asset's competition for global capital naturally invites institutional participation as existing asset classes like real estate and government debt are demonetized.
(Source：Cointelegraph)