Where We Are and Where We Are Going in Bitcoin & Markets - E341
Bitcoin & Markets
00:00
The Potential Inevitability of Institutions Adopting Bitcoin
Institutions may be unaware of the benefits of Bitcoin as a store of value and may be searching for alternative solutions. They may need to experience repeated failures before they fully embrace Bitcoin. Understanding the concept of decentralized consensus and cryptography can be a turning point for accepting Bitcoin. Some prominent figures within institutions, such as Lagarde and the former head of the CFTC, have personal connections to Bitcoin, suggesting potential interest.
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