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Crypto Goes Mainstream, Says US Vice President
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“Crypto and digital assets — especially Bitcoin — have become part of the mainstream economy and are here to stay,” he said to a packed audience in Austin, Texas.
Vance’s comments reflect a shifting attitude in Washington about crypto. As more institutions, businesses, and retail investors embrace Bitcoin and other digital assets, leaders are starting to recognize the sector’s staying power. What was once seen as experimental is now part of the national conversation.
Bitcoin’s Role in a Changing Financial Landscape
Bitcoin was created in 2009 as a decentralized digital currency, free from control by any government or central bank. While it was initially dismissed by mainstream institutions, it has steadily gained traction. Today, major companies like BlackRock, Fidelity, and Tesla have added Bitcoin to their balance sheets or launched related products. Even traditional banks now offer crypto-related services to clients.
At the heart of Bitcoin’s appeal is its fixed supply and decentralized design. Investors often compare it to digital gold, especially during times of inflation or economic uncertainty. According to CoinMetrics, over 1 million wallets now hold at least one full Bitcoin—a sign of growing retail interest.
JUST IN:
US Vice President Vance says “Crypto and digital assets — especially Bitcoin — have become part of the mainstream economy and are here to stay.”
pic.twitter.com/mib6PaqNxj
— Coin Bureau (@coinbureau) May 28, 2025
Vice President Vance’s support reflects this broader shift. It also marks one of the highest-profile endorsements of Bitcoin by a sitting member of the executive branch. While policy details remain unclear, his speech signals that digital assets may get a more welcoming stance at the federal level.
More About Institutional BTC Adoption
Institutional adoption of Bitcoin is gaining serious traction, as major financial players increasingly recognize its role in the modern economy. From BlackRock’s Larry Fink describing Bitcoin as an international asset and an alternative to gold, to JPMorgan’s Nikolaos Panigirtzoglou noting that institutional involvement has only just begun, it’s clear sentiment is shifting.
Institutional #Bitcoin Adoption: The Quiet Shift Shaping 2025
While headlines continue to fixate on volatility and short-term speculation, a deeper transformation is unfolding, one that’s reshaping how capital allocators view Bitcoin.
Behind closed doors, in boardrooms and… pic.twitter.com/9e3yJRlLzp
— Onramp MENA (@OnrampMENA) May 27, 2025
Ray Dalio of Bridgewater sees Bitcoin as a competitor to fiat currencies in a new monetary era, while Stan Druckenmiller highlights Bitcoin’s staying power due to its limited supply and brand strength. Even skeptics like AllianceBernstein’s Inigo Fraser-Jenkins have reversed course, acknowledging Bitcoin’s relevance in asset allocation. This growing wave of support from heavyweight institutions signals not just validation but a deepening belief that Bitcoin is here to stay—and possibly thrive—in the global financial system.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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May 29, 2025 at 06:59AM
May 29, 2025 at 07:01AM
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