Wall Street Warms to Bitcoin as Younger Generation Embraces Crypto
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Many former Bitcoin critics on Wall Street are now embracing it as an asset class due to growing investor demand.
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High-profile Bitcoin detractors are getting older (Jamie Dimon, 67; Warren Buffett, 93), while younger politicians tend to be more crypto-friendly.
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Environmentalists continue to criticize Bitcoin's energy use, but US miners are increasingly relying on renewable sources.
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As major financial firms offer crypto exposure, Bitcoin's popularity and price will likely continue rising.
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Nation states remain a threat, but younger politicians and growing crypto ownership make outright bans less likely.