Crypto Global Evolution || Steem Alliance Community.
Hello Everyone,
First of all, we will look back along Bitcoin history and try to reveals crypto journey. Bitcoin journey from 2013 to now has quite impressive. firstly people were doubtful about it and think that it was just a passing trend or even a scam. Governments were worried about its use in illegal activities and it might disrupt traditional finance.
You all know guys, major changes have been happened in Crypto when big companies like Tesla and Square started buying Bitcoin as part of their financial strategies. This move showed other businesses and investors that Bitcoin could be a valuable asset and offering a way to diversify and protect against inflation.
After the involvement of big companies in crypto, Now big financial firms are investing in Bitcoin now. By the Bitcoin ETF Approval, it is quite easy for traditional investors to invest in Bitcoin without having to buy and store it themselves. This has boosted interest and participation from large investors.
If we talk on the international level, some countries are taking big steps on Bitcoin like El Salvador made Bitcoin legal money which means people can use it to buy things just like they use traditional money. The government of El Salvador is also mining from different ways. This shows how countries integrate Bitcoin into their economies in creative ways.
But some countries are still strict about cryptocurrencies like Pakistan and others are creating clearer rules to making it safer and easier for people to use Bitcoin.
All these developments show that Bitcoin is becoming more Powerful thing. In technology and regulations improvement, Bitcoin play a role in the global financial system is likely to grow even more. It is possible that Bitcoin has already reached at highest point by popularity and usage. Binance has achieved the 200 million users.
Recently, the BlackRock Bitcoin ETF received over 1.2 dlr billion in investments in just one day. These are not normal things. It is not just about people that they are accepting Bitcoin, it is about adoption as a new innovative type of investment. Now even influential figures like Gary Gensler and Elizabeth Warren have limited power to stop its growth.
I hope it will be an interesting topic for crypto and altcoin lovers. It would be my pleasure if you will share your opinion and reviews on this topic.
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