I mentioned a point earlier: the development of cryptocurrency to where it is today has a huge external factor—U.S. government officials can be lobbied, or to put it bluntly, bribed legally. Then, favorable policies are set by those being bribed, and the U.S. happens to be the most influential financial country in the world. Before Bitcoin ETFs were issued in the U.S., a few other countries had already issued them, but it was useless—no one bought them. Globally, only the policies of the two superpowers, China and the U.S., have significant impact. There are very few major governments in the world that can be bribed.