PANews reported on May 9th, citing Cointelegraph, that Strike CEO Jack Mallers stated on a podcast that Wall Street's involvement in Bitcoin poses no threat. He pointed out that if Wall Street's entry could "kill" Bitcoin, then Bitcoin would never have succeeded in the first place. Mallers emphasized that Bitcoin's philosophy is to make it accessible to everyone, and the word "everyone" should be deeply understood, including your enemies, your ex-wife who betrayed you, your neighbor who supports the opposing team—every single person. Mallers believes that as Bitcoin competes for global capital, the involvement of Wall Street and large traditional investors is inevitable.

Some Bitcoin proponents worry that Wall Street's involvement will concentrate ownership and influence. Venture capitalist Nic Carter has stated that large institutions may lose patience with the speed at which Bitcoin developers are solving quantum computing problems, ultimately laying off existing developers and bringing in new ones.