We have seen a massive surge in bitcoin price since we enter into 2021 almost same, trend happen in 2017-2018, only there is a big difference, in a situation today before, I think it was just a pump, but there is a big difference in this year's price rally things that are notable are the following, the influence of Elon musk, Visa considers to enter to cryptocurrency, Paypal decided to open to cryptocurrency, banks, and other institutions open its door to the possibility of using it, suddenly this year pandemic helps cryptocurrency get into the spotlight in the positive note, although there is still negativity being thrown, I think most institution study it and they realize the possibilities and important of blockchain overall.
Yeah a lot of them have finally come to understand Bitcoin and how it works, they are now starting to accept it.
I also saw a news headline that MasterCard will be supporting cryptocurrencies very soon, although I am not sure the cryptocurrencies they are going to be accepting because of the conditions they have given which are that the coins are going to be coins with privacy and stability and also coins that complies with money laundering laws, may looking at that I am starting it’s going to be stablecoins that they will making selections from, and not the volatile and decentralized ones like Bitcoin. Although it would have been cool if Bitcoin is on the list.