Regardless, it's a completely incorrect and misleading use of the word 'adoption.' It's like saying, there are millions of hungry Africans. That does not mean we are going to adopt millions of hungry Africans. It merely means we "acknowledge" that they exist.
I think the news from the titles (the newspapers) were missleading and put out of the context. If you watched the video you can hear many good things between the lines. The time will tell. If this was a bad thing, the price would fall like a rock. But instead it was even increasing.
what you saw is the same thing that has happened before many many times not just in US but in all the other countries. everyone always warns people first about investing in cryptocurrencies because of their volatility which is understandable and i also do that. and then they express concerns about the fact that the unregulated and decentralized nature of bitcoin may attract the wrong crowd.
none of these mean the country is adopting bitcoin though! and more importantly it has nothing to do with the price.
First they gonna regulate crypto. That's obvious. After that i think it's a high probability they gonna allow the world to adopt crypto. If you watch the entire interview you can get the big picture. I know that the main goal for the new world is a cashless society and it's gonna go to that direction. I knew this from the very begining. I see the first signs of a major legislation/regulation of crypto and after that i assume it will slowly be adopted. That's just my thinking.