That’s the purpose of the Satoshi Action Fund, and their vision could very well become a reality. One of their advocacy is to educate the public and, especially, the regulators so they can better understand Bitcoin and ensure that regulations are fair. And as we all know that U.S. SEC already approved a Bitcoin ETF, it clearly shows that they are pro-Bitcoin, and the status of the U.S. will likely influence other countries to adopt similar measures.

As more countries adopt Bitcoin, it will lead to similar regulations that strengthen the Bitcoin ecosystem. With institutional investors leading the charge, everyday people will follow suit. Although Bitcoin is currently not ideal for daily small transactions due to high transaction fees, there is a second-layer solution, the Lightning Network, which is already scaling. Essentially, as long as regulations remain pro-Bitcoin, the weaknesses we see now can be addressed with solutions that promote greater adoption.

BTC will become more and more preffered by bigger institunions with time going on.
And I do think it's a possibility, that, it will become even more influential because some would even go as far as to create the reserves of it.

The initiative is well intentioned but it is not enough until the government does hear them out and do implement what the community has been asking for. For now though, this non profit organization has been able to pass some policies in a few states in the US. The best situation is still for the entire country or at least most of the states to acknowledge bitcoin and the policies needed to protect those who use and hold it.
Definitely. More recognition from the government and policies that benefit crypto will entail confidence among those crypto projects. Small projects now wouldn’t want to risk being at the wrong side of the law but with more positive outlook from the government, I am sure they will be more motivated and not just those in the US. Some may even travel to US and build their projects there if all things go well.