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The Evolution of Bitcoin and Financial Inclusion
This chapter examines the changing perception and legal recognition of Bitcoin, focusing on key developments like El Salvador's adoption of Bitcoin as legal tender and the introduction of Bitcoin ETFs. It emphasizes the role of technology in Bitcoin mining's progression, as well as the influence of mobile banking systems like M-Pesa in enhancing financial inclusion for marginalized communities. Additionally, the discussion highlights the growing significance of stablecoins, particularly in restrictive economies, and their potential to promote broader access to global finance.