There has been so much FUD/FOMO lately about the bitcoin ETF proposals, debates on its merits and demerits, it makes me wonder. What is actually better for bitcoin, Is it some form of government regulations like ETF approvals or Gradual mass adoption of cryptos in general? What's your take?
I'll choose mass adoption of cryptos because with mass adoption, we can attract more people to come and use crypto and if we can become bigger then the government will thinking to accept crypto as a new legal thing. besides that, there is a chance for the governments to research what is the most benefits of the crypto so people attract to join in the crypto world. and after the government accepts the crypto, they will make a regulation for the crypto but not to control the crypto but maybe the government can get some benefits from the crypto itself.