A New Era
BlackRock’s approval of a spot Bitcoin ETF earlier this year heralded a new era for Bitcoin. An era marked by institutional endorsement and demand. This development opened Bitcoin and the broader Crypto market to a new and different class of investors. Michael Saylor’s continued dedication has propelled the share price of Microstrategy and simultaneously encouraged others to follow suit.
In a similar scenario, El Salvador has encouraged governments to invest in Bitcoin, with many choosing to mine Bitcoin with surplus energy reserves. This is an entirely different scenario from previous bull markets, especially in 2013 and 2017. The foot-in-the-door approach has worked in favor of Crypto. A handful of small, yet significant advancements have led to an avalanche of adoption and demand. The Bitcoin gold rush has been triggered.
Larry Fink, Donald Trump, and countless others have readjusted their opinions and now favor Bitcoin and other digital assets. Critical mass has been achieved, and Bitcoin is about to eat into every other investment class. This will cause a strong rebalancing in favor of Bitcoin. Traditional investment products will surrender significant portions of their value to Bitcoin and other institutional-grade digital assets such as Ethereum, Solana, and other blue chips.
Actions Speak Louder
How institutions, governments, and retail respond to Bitcoin in 2025 will be a form of retribution and approval. Of course, the Peter Schiffs of this world will continue to voice rantings birthed in an echo chamber of delusion. At what point do such individuals admit they were wrong? The answer is most likely never. As a result, I expect this “noise” to continue. However, ignoring the noise is a liberating way of proving just how inconsequential such opinions are in the grand scheme.
Bitcoin is however under heavy attack in the EU regarding the taxation of unrealized gains and other outlandish policies. However, this too is a sign of Legitimization. Only threats are attacked, proving, once again that TradFi is in a position of crisis. The smart realize that an amalgamation is the way forward. However, they stubbornly cling to the rafters of their sinking ship while simultaneously attacking the rescue party.
They continue on their path, impoverished of wisdom. Another decision I found particularly unwise was proposing Bitcoin to Microsoft. I won’t go into the details of this, but Microsoft’s response to this endeavor shouldn’t be surprising, which is why I find it strange that Saylor chose to even walk this path. However, Bitcoin is not reliant upon anyone or a group of entities to continue its journey of increasing adoption and financial domination.
It’s also important to remember that opposition to Bitcoin and Cryptocurrencies is sometimes beneficial. This is the beginning of the thread that unravels the tapestry. Once you understand certain dynamics, relationships, and benefits regarding TradFi, the puzzle starts to come together. What unfolds in 2025 will legitimize Bitcoin even further.
Final Thoughts
Maturation has occurred and now the benefits will follow. Just as a son not of age can be denied his inheritance, an idea in its infancy can be resisted and even rejected. However, once he is of age, he cannot be resisted. Maturity unlocks authority and the fruits or privileges associated with it. Crypto is about to step into adulthood… watch what unfolds as a result. All the best, see you next time!
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.
Posted Using InLeo Alpha