Quote from: Darkelf11 on October 26, 2020, 03:59:59 PM

It is possible that our politicians will support bitcoin. Also I think world leaders embracing crypto will depend on the current situation of the country. There are still many things about cryptocurrency to discuss with. Maybe some government may go against it because they cannot interfere with cryptocurrency especially that there's no law about taxes on bitcoin. Having politicians who supports bitcoin or any other cryptocurrency may promote bitcoin and it is a great advantage to reach its peak.

Bitcoin would surely reach widespread adoption in the mainstream world, if politicians embrace it. There have been quite a few number of politicians expressing their support for Bitcoin and crypto in general. However, the majority is silent because they don't want to harm Fiat's adoption in the mainstream world. Governments want to remain in control no matter what. They'll try to minimize Bitcoin, while glorifying the traditional monetary system powered by central banks worldwide. With or without support from government figures, Bitcoin will be here to stay. That's thanks to its decentralized and open source nature. For the first time ever, money is separated from the state. People can finally enjoy true financial freedom without fear of third-party intervention.

Nonetheless, Bitcoin has attracted the masses because of the many benefits it provides relative to Fiat. Politicians know Bitcoin's true power, which has led them to use it as a tool to circumvent sanctions, among many other things. It's said that Venezuela's government officials have been using Bitcoin to protect themselves against recent US sanctions. With its decentralized nature, Bitcoin remains truly unstoppable. Expect to see more politicians or government officials supporting Bitcoin in the future, as its benefits are too hard to ignore. Just my thoughts Grin