Let me make this short, Bitcoin is undoubtedly a store of value, the evidence is all over, it's an asset and a very appreciative asset for that matter. It continues to hit new ATHs, so it's logical. But the legal tenderness is so unclear yet, there are still enough to unravel over time before hope can be seen in that regard. I suspect that if the US strategic reserve plan could work, many countries would follow and that could cause many more countries to make further adventurous plans about Bitcoin, of which the legal tender is inclusive. However, if it fails, I am sorry for what will happen afterwards, it can't be easy on the coin.
The world, and the governments for that reason - are very slow in taking and digesting something new for themselves, when they have something else, and tested it, - already, through and through, bit by bit.
However - we still see that some talk about Bitcoin and how they would try to do something with it, so hope is not lost. And 2025 should be a good year for sure.
Of course, the hope is not lost but one thing that makes me sceptical is that, hope can be dashed just as it could be kindled, as we experience now. The only difference between the two is the events happening around the subject matter. As we all know, optimism and hope are always kindled around Bitcoin during the bullish season, but don't let us hope too much, the opposite happens during the bearish season.
I look forward to seeing what the coming bearish season holds to balance things. This can prove to us how willing/unwilling most governments are towards Bitcoin adoption in strategic reserve and legal tender.
Trump woke this call, still, can he sustain it? I hope it doesn't backfire.
