The rise of bitcoin and blockchain technology continues to challenge traditional systems, raising questions about regulation, adoption, and global positioning.

During a recent discussion, Roundtable anchor, Rob Nelson, was joined by Kelly Kellam, Director at BitLab Academy, and Samuel Armes, President of Cardone Digital Ventures, to dive into the complexities of bitcoin's future in the U.S. and its broader implications.

Kelly Kellam emphasized that despite the 14 years since bitcoin's creation, the technology is still in its infancy.

"This is still such a nascent technology," he said, highlighting the broader potential of bitcoin beyond just currency. He pointed out that bitcoin's applications could strengthen global power grids, especially as we enter the era of quantum computing and face new security challenges. Kellam also noted that the confusion between bitcoin, blockchain, and other cryptocurrencies like ethereum and Dogecoin has hindered broader understanding.

Continuing his point, Kellam addressed the slow pace of regulatory adoption, particularly among policymakers. "We expect them to get it because we've done thousands of hours of research and due diligence," he said. While this delay is frustrating, he believes that, ultimately, "bitcoin is going to succeed" regardless of U.S. regulations.

Samuel Armes echoed these sentiments but focused on the practical side for investors. "It just depends on what your risk tolerance and profile is," Armes said, advising that, given the involvement of institutional giants like BlackRock and Fidelity, bitcoin has seemingly become a less risky investment than it may have been years prior. However, he cautioned that regulations could create more uncertainty for other crypto projects and altcoins, adding, "Where it gets hairy is when you're in some of the other altcoins."