Quote from: Jojos on October 29, 2024, 11:19:15 AM

I was surfing the net when I came across this article again, and I would like to give my opinion and know what you think about it too.

Quote from: https://bitcoinmagazine.com/culture/21-reasons-to-be-optimistic-about-bitcoin-in-2024

The Satoshi Action Fund, a non-profit educational organization in the US, is expecting to pass pro-Bitcoin regulations in 10 US states in 2024, in addition to the pro-Bitcoin regulatory developments of 2023. More regulatory clarity increases institutional investments, boosts consumer confidence, and spurs entrepreneurship in the Bitcoin space, further increasing the demand for and the potential of the asset.

Honestly, I think the Satoshi Action Fund initiative could really shake things up for Bitcoin in the US. They are pushing several states to adopt pro-Bitcoin regulations, which could create a domino effect. If one state starts seeing more and more companies and startups getting into Bitcoin, others might not want to be left behind.

Also, with clearer regulations, larger companies that are still hesitant due to regulatory uncertainty could finally get on board. Ultimately, this could increase the value of Bitcoin and encourage everyone to get more interested in cryptocurrencies.

I am curious to see if this wave of pro-Bitcoin regulations could motivate lesser-known crypto projects to seek their own regulation and legitimacy if it succeeds in the US...

The Satoshi Action Fund sounds like it could make a big difference for Bitcoin. If more states adopt friendly regulations, it might encourage other companies to jump in, and that could really help the whole crypto scene.