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Bitcoin gains do not mean crypto decade was not wasted; real achievements remain

Bitcoin and ether climbed sharply in August, reviving crypto market sentiment, but the rally is viewed less as decentralisation being realised than as crypto technology being absorbed into traditional financial infrastructure. Industry figures say crypto has influenced payments, settlement and tokenisation, and that DeFi has matured, even as major firms exit and regulation pulls the sector into the mainstream. Use has spread, but complexity and custody risks persist.