Part 12/14:
The Growing Acceptance of Cryptocurrency in Traditional Finance
Morehead describes a notable shift: banks, payment providers, and legacy financial institutions are becoming more interested in Bitcoin and blockchain. Companies like Visa, Mastercard, and even Apple are exploring or integrating cryptocurrencies.
He attributes this to the economic necessity for companies to hedge currency risk, preserve cash value, and stay competitive. High-profile investments like Tesla’s Bitcoin purchase and public statements from macroeconomic giants underscore that Bitcoin’s reputation as a “digital gold” and store of value is gaining mainstream credibility.