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In my opinion, regulation, practicality, and stability are definitely required for the mass adoption of crypto as a payment method/currency.
What are your opinions on this?
Well, I believed mass adoption will start those who lead in the country or as a president and accepted it legally --so I think you are right. Regulation is very important but it is not mandatory at all. Because we can still adopt bitcoin without knowing by the government if they will still insist on the regulation process. As I see it is not hard to accelerate mass adoption if your country does not have any negative comments about this.
With or without them, bitcoin price will always increase the price.
We've been hoping for it to happen wayback into those yester-years and only this year it did really become possible on where a country did really make it as a legal tender.We've never been anticipating
for things to happen because we know that decentralized stuffs wouldnt really be that regulated easily knowing that government doesnt really like decentralization but here we are now on where
there are countries which had already made up such decision.We dont know on whats up into their minds but having these events or news would be always considered a good one.
I think we are already in the process of accelerating mass adoption for crypto seeing some of those big and developed countries are already considering bitcoin as a payment method. But if we are aiming for a higher rate of mass adoption, i think we should start it in the government itself. They should not be one sided and should be more open on crypto because crypto itself needs an attention too just like fiat. Because at the end of the day, the government should always think of the welfare of the people and that crypto will certainly give them the convenience they want.