Bitcoin Shedding Reputation as Passing Fad As Prominent Voices Accept Crypto's Staying Power

• The Financial Times has conceded Bitcoin may have a purpose and is here to stay as more elites come around to crypto • Contributors note Bitcoin has bounced back from crashes and behaves differently than penny stocks, suggesting sustainability
• Growing appreciation among elites doesn't necessarily mean support for crypto overall, but destigmatizes the industry • Former crypto critics like Trump are softening opposition as Bitcoin ETFs disprove manipulation fears • While flaws remain, with fewer tired anti-crypto arguments, the quality of industry criticism may rise