there's absolutely no reason to think government shitcoining results in a Bitcoin standard.
The whole premise depends on them valuing Bitcoin MORE than the ability to print money
which is absurd
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The most powerful government in the world legitimizing and promoting Bitcoin, and actively pushing forward policy which encourages its use, does bring us closer to a Bitcoin standard.
It brings us closer to "regulatory clarity" and capture of the network.
Bitcoin doesnt need any government to legitimize it. Their involvement will never result in a positive outcome.
unless someone's "positive outcome" means fiat gains of course.