CryptoLodestar
Thu Jul 04 2024
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5 answers
1654
When did bitcoin become a standard currency?
Could you elaborate on the timeline of Bitcoin's emergence as a standard currency? When did it first gain widespread recognition? Was there a specific event or milestone that marked its transition from a niche digital asset to a globally recognized currency? Did regulators play a role in its acceptance? Moreover, what are the current factors that contribute to Bitcoin's status as a standard currency, and how do they compare to its initial years? I'm curious to understand the evolution of Bitcoin's standing in the financial world.
