Strike CEO: Capital Will Move From Banking to Crypto
Jack Mallers, the CEO of Strike, has stated that the US banking sector’s injection of $300 billion last week has made it possible for an increase in investments.
Mallers believes that the dollar will depreciate while Bitcoin is seen as a safe asset for capital accumulation.
He also supports the notion that the main benefit of Bitcoin is its limited supply compared to the unlimited supply of dollars.
This has caused investors to look towards BTC, leading to a large-scale redistribution of capital in its favor.