3. When the price of Bitcoin rises to a very high position, its volatility will become smaller, and Bitcoin will be more conducive to trading and hedging. Its use value is prominent.
The volatility of Bitcoin is not about its rise of price but the potentiality of its fluctuations and that is the best move of it as an asset in a digital market that it maybe served as.
4. Bitcoin may become a tool for inter-country payment. This is very important. For example. The BRICS countries hope to get rid of the US dollar and use their own currency for settlement, but they cannot reach a consensus. Russia once exported arms products to India and received Indian rupees, but they found that no country was willing to accept rupees. If the contract is settled in Bitcoin. Russia can use the Bitcoin received from India to buy the products it needs from China or North Korea. invented Bitcoin without selfish motives, which is the most fair to all parties. Early Bitcoin advocates tried to promote the use of Bitcoin for daily payments, but this is purely a game and very inefficient. Bitcoin is only viable in large payments.
The ideal of the US government purchasing Bitcoin for economy reserve does not mean every other countries must follow the due part.
Globally, the US government detects better and knows much about Bitcoin than every other so, it was possible for them on earlier adoption of Bitcoin and feasible for them to figure how hedging their financial system on Bitcoin could boost their economy.
We literally don't expect every other countries to do a follow up else, the legal adoption of Bitcoin may worsen their economy to crumble.
El Salvador has taken it shape of legal tender of Bitcoin and it is working out for them simply because they went beyond marginalizing and built a structured of how they can benefit from the digital market.
So for now, let go off the inter acceptance of Bitcoin transactions of every countries. Their governments would always have that vision and decides.