The recent report by Breez and 1A1z explores Bitcoin's transition from being viewed primarily as 'digital gold' to its growing role as a functional payment system. Examining various factors, the report discusses Bitcoin's adoption in multiple jurisdictions, the regulatory landscape, and case studies of businesses like Mercari and Mullvad VPN that support Bitcoin transactions. The findings suggest that while Bitcoin’s narrative as a store of value remains prevalent, its intrinsic purpose as a transactional medium is undergoing significant development and acceptance in commerce.
Breez, in partnership with 1A1z, has released a report revealing Bitcoin's evolving composition from merely a speculative asset to an emerging payment mechanism.
While referred to as digital gold, Bitcoin's use as a transactional currency is growing; it is being integrated more deeply into various payment systems globally.
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