Quote from: AmoreJaz on August 10, 2025, 11:19:11 PM

Quote from: lionheart78 on August 07, 2025, 10:00:09 PM

There is no doubt that after the Bitcoin spot ETF was approved, Bitcoin adoption achieved new heights. The institution took notice and is now participating in the Bitcoin economy. With that in hand, the government took notice and one of the latest achievements of Bitcoin is to be accepted by the government and be implemented as Bitcoin Reserve. Although it is still in the initial stage, I believe this is one of the key factors for Bitcoin to reach another level of adoption.

Government programs related to btc or crypto will indeed raise awareness to people , hence, it can increase adoption as a result. With the government's backing, people will have more confidence in trusting this market. Most people are still hesitant up until today to get involve with btc because of the notion that this market is a scam or can easily screw their funds. But with the government directly participating in this market, it can give an assurance to people that this is not a scam after all. The technology is not a scam itself but it is the people handling crypto-related projects that are creating the bad reputation as some of them are really screwing people's funds.

When official institutions begin to recognize and even employ Bitcoin it adds layer of trust many people have been waiting to see. The fear to be scammed or to lose money is a cause of a lot of hesitation, which can hopefully be altered through the introduction of governments into the technology. Well, the technology is fine but it is the crooks that have spoiled the name of crypto. Given that governments have the capacity to assist in regulating and legitimizing the space, more individuals will be able to join in because they will feel safe to do so. This is too premature, yet it is a potential game changer to the mass acceptance.