Quote from: Helen-cty on August 10, 2021, 08:19:14 AM

Germany allows certain institutional funds to invest in cryptocurrencies, and institutional investors can invest up to 20% of their holdings in Bitcoin and other cryptocurrencies.
https://zycrypto.com/german-law-that-could-potentially-see-415-billion-flowing-into-cryptocurrencies-becomes-effective-next-monday/
This means that more institutions will enter the market and raise the price of the currency. For example, Bitcoin can further preserve its value and achieve the purpose of anti-inflation.

Quote from: Helen-cty on August 10, 2021, 08:19:14 AM

For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
The technology of cryptocurrency has become more and more mature, and what still needs to be strengthened is the regulatory level. From the perspective of circulation, we can see whether the future of cryptocurrency is valuable.

Institutional investments in Bitcoin, where it's viewed as an asset, are one thing, and accepting BTC as payment for clothes is another. I think we need more of the latter than the former because the in case of the former, the only thing people care about is profit, and they'll ditch Bitcoin easily because they don't care what it offers and represents. In case of payments, however, we're talking about making Bitcoin more available as money, and that's oriented on people who actually view it as a type of money and are willing to spend it.
Why would you like to see more crypto-friendly merchants if you won't use it for payment?