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?
Agreed.
And BTC cannot be "closed" for these entities - it's a game that everybody can enter, so to speak.