Several Stages of Bitcoin
Bitcoin Price Discovery Stage
2009—2020
Bitcoin as Fiat Currency Stage
In 2021, El Salvador made BTC legal tender, sparking a wave of Bitcoin legalization
Bitcoin Opens Payment Methods
In 2021, after Tesla supported Bitcoin payments, many stores abroad now support BTC payments with the application of the Lightning Network
Bitcoin Becomes Asset Reserve
This year, many countries have started to use BTC as an asset reserve
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