According to Cointelegraph, Jack Mallers, CEO of Bitcoin payment app Strike, argued that increased participation of Wall Street in the Bitcoin market does not threaten Bitcoin's core values. In a podcast interview, Mallers said, "If Bitcoin could be ruined by Wall Street entering it, then it wouldn't have been an asset destined for success in the first place." He added, "Bitcoin is built on the concept of money for everyone." He further asserted, "Bitcoin is an asset that competes with global capital," and "Existing stores of value such as real estate, art, and government bonds will gradually be demonetized, while Bitcoin will be monetized."
