I think that this is a testament to how much bitcoin has grown that not only your average citizens know and use bitcoin but also presidents. Bitcoin mass adaption might come a lot sooner than everyone initially thought.
Yea, Bitcoin has indeed grown so much that the fear of strict government regulations is gradually fading away. The political leaders coming in now seem to be more enlightened and more accommodating of the whole crypto idea, including the likes of Donald Trump, who was way too strict during his first tenure.
I hope these political people who are running for the leadership are really enlighten and not see Bitcoin as stepping stone to be elected.
On second thought, their sudden interest brings me to ask: why the sudden interest by politicians, especially those seeking political positions during elections? Are they just being politicians who have found a better way to market themselves, knowing fully well that this is the new trend?
Obviously they have seen what happened to President Trump when he supported Bitcoin in his campaign. It is possible that a politician who is running for a seat in the government thinks that involving crypto community and having a friendly stance towards it would cater to larger support.
With their interest and involvement, I also show concern that these pro-Bitcoin presidents might try to make Bitcoin a bit centralized by introducing regulations that could give them partial control. There are both advantages and disadvantages to having pro-Bitcoin presidents.
It is highly possible that regulation will be implemented to third party crypto process and exchanges. They might implement a mandatory KYC for Bitcoin users on these platform.