All anyone outside crypto remembers is $20K. It's burned into their brains and no price level will change that. Simple psychology. Outside investors don't care much about % growth between 10K & 1xK. To most crypto is all or nothing bet due to risk profile. But $20K - look out.
"Finally, Mike will promote healthy competition in financial services by creating a “regulatory sandbox” where startups can test concepts, and by providing a clear regulatory framework for cryptocurrencies."
Pretty big. #Bloomberg https://t.co/lvePWB3Tp1
2/ I'd argue there are some really interesting use cases and scenarios that could drive mainstream consumers to spend Bitcoin instead of traditional dollars or stablecoins in the future that are under discussed in Bitcoin, fintech, and traditional payments circles.