Strike CEO: Wall Street's involvement will not pose a threat to Bitcoin

robot
Abstract generation in progress

ChainCatcher News, Strike CEO Jack Mallers stated on the What Bitcoin Did podcast that Wall Street’s increasing involvement with Bitcoin does not pose a threat or conflict to Bitcoin itself.

He pointed out that if Wall Street’s intervention could destroy Bitcoin, then Bitcoin would never have succeeded in the first place. Bitcoin’s vision is to become a currency for all humanity, which means its user base encompasses everyone. Currently, Bitcoin is competing for global capital, and as Bitcoin becomes monetized, assets such as real estate, art, and government debt will face de-monetization. Additionally, traditional financial institutions are accelerating their efforts to capture crypto platform customers, with Morgan Stanley launching a crypto trading pilot on the E*Trade platform, charging retail investors lower fees than mainstream platforms like Coinbase and Robinhood.

BTC0.76%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin