Opinion: Bitcoin is now part of the global financial infrastructure

BlockBeats news, on November 2, as the Bitcoin white paper was released 16 years ago, Rena Shah of Trust Machines pointed out that Bitcoin is now not just "digital gold", but a core component of the global financial infrastructure. In 2024, the Bitcoin ecosystem will usher in a key turning point, including Layer 2 expansion, the popularity of Ordinals, and the accelerated entry of institutions.

The Bitcoin ETF promoted by financial giants such as BlackRock has attracted more than $1.5 billion in capital inflows, marking that Bitcoin is widely recognized by the traditional financial system. Shah believes that the future development direction of Bitcoin lies in its core underlying structure as decentralized finance. In the face of the influx of institutional capital, Bitcoin's decentralized principles still need to be upheld.