"Various aspects of Bitcoin and crypto economics"

[Kemarit]

For me though, I don't like to overthink and complicate things with regards to Bitcoin.

If government accept it as money or legal tender then good, just like what El Salvador has done, and they have reserves too. And with the incoming bull run, they will pose to make a lot of money.

If other doesn't want to accept it, authoritative government, then so be it.

We can't force Bitcoin to everyone, if you want to used it as hedge, store of value, sound money, it's up to you.

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[yhiaali3]

Given the increasing integration of Bitcoin and other cryptocurrencies into global financial systems, how might the interplay between traditional monetary policy mechanisms and the decentralized nature of cryptocurrencies shape future economic paradigms?

As for the answer to this question, from my point of view, I believe that the only acceptable form for governments to interact between traditional monetary policy mechanisms and the decentralized nature of cryptocurrencies would be to decentralize Bitcoin and decentralized cryptocurrencies by controlling third-party services.

For example, the recent approval of the ETF is a form of government control and the transformation of decentralization into centralization.