What role does Bitcoin play in the global financial system?

Bitcoin has emerged as a digital alternative to traditional financial systems, offering decentralized and borderless transactions. Many view it as "digital gold," a store of value independent of central banks. Bitcoin also provides financial inclusion for the unbanked, enabling peer-to-peer transactions without intermediaries. However, its adoption within mainstream finance is still evolving, as governments and institutions explore regulations and integrations. Countries like El Salvador have embraced Bitcoin as legal tender, while others remain skeptical. The increasing institutional adoption and development of Bitcoin-based financial products further influence its market value. To track how Bitcoin is performing in the global financial landscape, traders can check btc price live for up-to-date price movements and trends.

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