It wouldn’t have seemed possible a year ago. But Bitcoin has gotten caught in one of its deepest struggles yet, with no obvious way out.
An attendee in front of Bitcoin signage on the exhibition floor during the Plan B Forum Bitcoin conference in San Salvador, El Salvador, on Friday, Jan. 30, 2026. The conference brings together world leaders, technologists, and entrepreneurs to discuss nation-state Bitcoin adoption, economics, financial freedom, and freedom of speech.