This week on ABC Statewide Drive with Jess Maguire, I explained why Bitcoin has surged to fresh record highs and whether it’s truly gone mainstream or just another bubble in the making. I broke down the origins of cryptocurrency, how blockchain removes costly intermediaries, and why central bank money printing and a weaker U.S. dollar are fuelling demand for Bitcoin as a hedge alongside gold. Importantly,
Wall Street’s approval of Bitcoin exchange-traded funds has made it easier and safer for institutions and everyday investors to gain exposure, driving even more inflows. While risks remain, the growing adoption by payment giants like Visa, Mastercard, and PayPal suggests Bitcoin is no longer a fringe asset – though I cautioned we may already be seeing early signs of bubble-like enthusiasm across markets.
Catch the full conversation from 1:45 here: ABC Statewide Drive