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Bitcoin's Evolving Landscape
This chapter explores the interplay between nation-states, Bitcoin ETFs, and the decentralization ethos of Bitcoin, emphasizing the beneficial impacts of national adoption. It examines the role of energy companies in Bitcoin mining, the significance of cold storage, and the implications of large holders on market dynamics. Finally, it touches on the current macroeconomic environment, likening Bitcoin’s price trajectory to an impending bullish surge driven by increasing institutional interest and unsustainable debt levels.