BlockBeats News, May 9th, Strike CEO Jack Mallers stated on the What Bitcoin Did podcast that Wall Street's large-scale participation in Bitcoin would not threaten its core principles. He mentioned that if Wall Street could "kill" Bitcoin, then Bitcoin itself never had the potential for success. The essence of Bitcoin is as the "currency of everyone," meant to be inclusive of all, including adversaries and traditional institutions.

Mallers emphasized that Bitcoin is competing with global capital, where assets like real estate, art, and government debt will be demonetized while Bitcoin will be monetized. The involvement of traditional financial institutions is seen as an inevitable outcome rather than a threat. Despite concerns from some Bitcoin supporters about institutional control affecting Bitcoin development, the inflow of billions of dollars into Bitcoin ETFs is viewed as a positive signal for Bitcoin's mainstream adoption.