The presence of Bitcoin bulls in the race has boosted investor excitement; the political and economic arguments supporting Bitcoin are becoming more and more salient.
The BTC Economic Frenzy
Financial companies are attempting to control all of Bitcoin, and to pay for their expenses, miners quickly sell their freshly minted Bitcoins to companies like MicroStrategy and BlackRock. Those who want to use Bitcoin as money won't think twice about investing their BTC in the companies, the SEC has also moved for recognition of the BTC ETF due to the cause.
The BTC Political Frenzy
Countries around the world are moving to Euro, Chinese Yuan and Indian Rupee, to break away from the US dollar's dominance. However, being decentralised, Bitcoin gives the world a way to break away from any economic dominance, El Salvador is an example; even popular US presidential candidates Ramaswami, Kennedy, DeSentis are favoring Bitcoin to protect US dominance.
The BTC People Power frenzy
All this started because of public adoption of the BTC to achaive economic freedom, and because of this, the political and business worlds became engaged; otherwise, governments and corporations tried to make using Bitcoin illegal. In reality, Bitcoin represents the power of the people; if everyone utilises their own Bitcoin, then everyone will have economic freedom.
