2024 will be remembered as the defining year for Bitcoin, showcasing its transformation from 'magic internet money' to a legitimate institutional investment and financial asset.
The evidence is clear: pension funds have allocated to Bitcoin, the long wait for a US Bitcoin ETF has ended, and Wall Street giants like BlackRock have entered.
While some Bitcoin pioneers contend that institutionalization betrays Bitcoin’s roots, I view 2024 as the long-awaited breakthrough year that brings real change.
It’s reassuring to see that Wall Street and Washington are finally acknowledging Bitcoin’s power, signaling a significant shift in attitudes towards this digital asset.
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