Agreed with that but so far the US government is showing support. I'd call it a good bullish sentiment for bitcoin and if bitcoin just keep getting support. Bitcoin will be stronger than ever.
Lol! Can you guys be for real and stop associating bitcoin related discussions to US government, is bitcoin tired to any country? No ! So why will you refer bitcoin related discussions to relate the US government, bitcoin is global and not for anyone but for everyone, hence I will ask if china and other countries are in support of bitcoin and the US are not does that mean bitcoin will not keep existing? Of course no bitcoin is not beyond death but it’s very difficult for that to happen that’s all except the internet is totally short down.
As we have seen, it is not tied to any country or whatever is happening around it
, is
a separate entity from any jurisdiction or any government. Hence, it is the prerogative of the government how they will approach the crypto market. I believe a lot of countries are just being discreet with their bitcoin reserves or involvement. But more than likely, they are also silently watching this market and doing their own things to take this opportunity.
Most countries today, I believe, are already looking their opportunities in this market. I don't think they are blind to see the performance of btc throughout the years. They will be left behind if they will shut their eyes on this market. They have seen that no country can really dictate the direction of this market. A very good scenario was when China declared to ban crypto. Some may have had their worries as China is considered to be one of economic powers in the world and yet it didn't collapse the btc market. A testament that no single country can topple this market that easy.