I know, that’s a big statement, but really, the more I think about it, the more convinced I am – looking back, 2024 will be remembered as the defining year for Bitcoin, that is. The year when Bitcoin magically transformed from internet money to real currency. Institutional investments and financial assets.
The evidence is overwhelming:
, pension fund And university endowment Allocated to Bitcoin.
The long wait for a US Bitcoin ETF is over.
– Bought by Wall Street giants like BlackRock.
– Larry Fink changes his tune on Bitcoin.
But most of all, a leading US presidential candidate said he would make Bitcoin a monetary reserve asset. Now, re-read what I wrote.
Of course, some Bitcoin pioneers lament this institutionalization and object to institutional embracement. Some say that Bitcoin is betraying its roots.
But for me, 2024 was the decisive year we have been waiting for for a long time. I got into Bitcoin in 2016, and I think this year we finally arrived crossed the ditch,
Of course, it could be argued that Bitcoin’s survival from the 2013 Mt. Gox hack, or its survival from the 2017 fork war, or even El Salvador’s adoption of Bitcoin as legal tender in 2021 were all significant. .
All of these were major victories for our culture and industry. But, this year, we finally saw our enemies Surrender As an Indian, I have long viewed Washington and Wall Street as the center of the global power structure.
I know that the world will follow the path shown by him.
So, it’s heartening to see Wall Street and Washington finally acknowledge and capitulate to the power of Bitcoin. For many people around the world, this is a real sign that things are about to change.
This article is a TakeThe opinions expressed are solely those of the author and do not necessarily reflect the opinions of BTC Inc. or Bitcoin Magazine.
