While we all share a belief in Bitcoin's potential it's crucial to strike a balance between optimism and realism. Placing Bitcoin as a sole savior in solving all the world's problems might not be a practical approach. We should all remember that Bitcoin at its core is a currency meant to serve as a decentralized medium of exchange. We should not bother it with unrealistic expectations.
Indeed. Everyone must think realistically about the potential of Bitcoin. I never trust anyone who state that Bitcoin will be the main world currency, I think it is impossible. But when people state the price of Bitcoin can be above $100k, I can believe it since we can analyze the price history through the chart patterns. From the matters, I believe we can understand which one is overly optimistic and realistic expectation.
We must also recognize that not all countries will readily embrace Bitcoin regardless of its undisputed qualities. Governments tend to have different perspectives on Bitcoin and some may be hesitant to change their existing views and regulations. The acceptance of Bitcoin on a global scale will likely be a gradual process spanning several decades to reach its full potential.
Of course, the government has their own perspective. But if we consider the development of Bitcoin adoption on the countries around the world, we can see a positive progress on it. Although Bitcoin can be fully accepted, most governments allow their citizen to use Bitcoin as a digital asset now. While for accepting Bitcoin as a legal currency, it seems a bit difficult because it will bring too much impact on the country. However, I assume we are getting closer for the massive Bitcoin adoption around the world.