Cryptocurrencies take another step toward official recognition⁠

The article discusses growing mainstream acceptance of cryptocurrencies, citing examples like Texas considering a state bitcoin reserve and El Salvador's profitable bitcoin investment. It highlights the increasing institutional adoption, exemplified by MicroStrategy's inclusion in the Nasdaq 100, and counters skepticism by emphasizing the technological underpinnings of Bitcoin and Ethereum. The author argues that cryptocurrencies are redefining money along deflationary lines, creating a potentially more sustainable economic model. Despite past scandals, the article projects a positive outlook for the future of cryptocurrencies, predicting continued price appreciation based on increasing usage and adoption. This article is also available in English on my Medium page, «Cryptocurrencies take another step toward official recognition«

There are no comments yet.

Please log in to write the first comment.