Adam Back: Pension Funds Are Bitcoin’s “Third Wave” of Adoption

Adam Back, a key figure in the Bitcoin community, asserts that the next major wave of Bitcoin adoption, which he terms the 'third wave,' is still on the horizon. This wave will primarily involve large institutional players such as pension funds, managed funds, and model portfolios. The article highlights that financial institutions, particularly Swiss banks, are already taking steps to prepare for and accommodate this anticipated surge in institutional engagement with Bitcoin.