just lower your expectations.
Man, I don't have any expectations from any government in any country.
If the US government is not friendly and strict towards bitcoin, they will issue policies that prevent institutions from investing in it. Do you think Bitcoin can reach $100k or will it continue to grow?
Yes. As it has been since 2009 when it was born.
Things have changed a lot and you need to adapt, bitcoin has become more popular and is getting the attention of governments. The government is no longer turning a blind eye to its growth and I don't believe it can continue to grow or become more popular if the government doesn't want it to.
Governments have been pawns of corporations/companies, for a long time. BTC attracts companies (and no governments) because was and still is a miracle. From digital dust and nothingness to the purest and most precious diamond of all times. For this miracle didn't need any capital, any marketing, any business, any government. Just us, the "crazy idiot people that follow it". From this miracle were born companies that created a new financial branch, a new market, totally independent from any other. These companies now have power, the only one that governments accept. Money. A lot of them. What do you think will happen? The government will cut off the faucet or it will adapt (in terms of taxation, limitations etc bs) to it, as they already did? They adapt to it, not BTC to them!
For example, if the government did not approve bitcoin ETFs, where would we get the billions of dollars that flow into the market every day and push bitcoin prices to the high levels they are today ? Also , without the impact of Trump's victory, what caused Bitcoin price to increase from $68k to $76k in just 1 day? What was the driving force behind that?
You missing the start of all. BTC. If and if and if... If we follow, believe, derail, inrail, sell, buy, mine, accept, or refuse BTC any time that they (traditional financial my ass gurus and their yard) said that BTC (digital currency) will be destroyed, vanish, doomed, now we will not be talking here. Trump (and any Trump) needs that money, needs to gain from this market and not close it. But that doesn't make him a crypto friend or believer. Neither will do something that it's not expected to be done.
Btw, you should check the videos of our community friends on Youtube. It's a very good reminder of what they said and what eventually (and inevitably) happened... "Not this time, not ever..."
