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?
If we want Bitcoin to be what it was originally created to be, then we would not want government regulations. I think the main reason for the creation of Bitcoin was to have a means to store, send, or make transactions without any involvement from a government or bank. Obviously we already have some government regulations, but to stay true to the original intent, it should be completely decentralized and unregulated.