TechFlow News, May 9: According to a Cointelegraph report, Jack Mallers, CEO of Bitcoin payment app Strike, stated in an interview with the “What Bitcoin Did” podcast that Wall Street’s participation in Bitcoin does not pose a threat. He emphasized that Bitcoin is money for everyone, and Wall Street’s involvement—as well as that of traditional institutional investors—is an inevitable outcome of Bitcoin competing for global capital. He further stressed that if Wall Street’s entry could “destroy” Bitcoin, then Bitcoin would never have had a foundation for success in the first place.
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