Anyone, regardless of their place of residence, has been able to invest in Bitcoin without the approval of any state for the past 16 years. The idea behind Bitcoin is that states cannot stop or interfere with the operation of the Bitcoin network. Personally, I do not see any positive changes in the use of Bitcoin compared to the time when many governments did not regulate the cryptocurrency sector and considered Bitcoin to be an asset that was about to lose investor interest.
What do you think about bitcoin ETFs approval? Do you think we would have billions of dollars flowing into the markets every month without the involvement of institutions like Blackrock? Do you think we, the retail investors, will have enough trillions of dollars to take bitcoin's market cap to $2 trillion? Or can Tesla or Microstrategy freely invest in bitcoin if the government doesn't allow them to do so?
Not stopping there, we are expecting bitcoin price to reach $1 million per bitcoin, I wonder how that can be achieved without government support?