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Bitcoin's Path to Institutional Legitimacy
This chapter examines key developments in the Bitcoin ecosystem, including SEC custody approval and the introduction of Bitcoin derivatives, highlighting their implications for market maturity. It discusses the potential for increased institutional acceptance, liquidity, and competition with traditional investments like real estate, while addressing concerns over Wall Street’s influence. Additionally, it contrasts different investment motivations across demographics, reflecting on the evolving landscape of Bitcoin ownership and the expected integration into traditional financial systems.