The push from the Trump administration has accelerated the U.S. government's acceptance of Bitcoin, bringing favourable information to the industry. Although political factors may affect market confidence, the government's slow accumulation of Bitcoin can provide individual investors with more time to build a position. Back emphasizes that regulation and innovation need to be balanced, warning that the government's neglect of Bitcoin could lead to a risk of declining economic competitiveness.
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The push from the Trump administration has accelerated the U.S. government's acceptance of Bitcoin, bringing favourable information to the industry. Although political factors may affect market confidence, the government's slow accumulation of Bitcoin can provide individual investors with more time to build a position. Back emphasizes that regulation and innovation need to be balanced, warning that the government's neglect of Bitcoin could lead to a risk of declining economic competitiveness.