FX168 Financial News (North America) News Although Bitcoin (BTC-USD) has risen more than 150% in 2023, the digital asset has fallen since the U.S. Securities and Exchange Commission (SEC) approved a spot Bitcoin ETF product in early January. More than 10%.

At the World Economic Forum in Davos, Switzerland, JPMorgan Chase (JPM) CEO Jamie Dimon called Bitcoin a “pet rock,” arguing that despite major financial institutions’ Interested, but this digital asset is just a waste.

In an interview with Yahoo Finance, Strike CEO Jack Mallers said he has a deep understanding of the advantages of Bitcoin and why the financial community and a growing number of retail investors are interested in this digital asset. "I personally think that the killer use case that we're going to see in the next few years is the fact that all 8 billion people on the planet face devaluation of their fiat currency. That means their government's local currency continues to depreciate," Malles said. "I What it means is that everyone has to own something else . I think the killer use case in the next few years is going to be owning something that they can no longer make. That's why I think Wall Street is going to be attracted to it, and that's why I think you've seen The price has gone up." #NFT&Cryptocurrency#