Potential events that could increase value and adoption of BTC

I feel most posts pin on the institutions coming in through ETFs or corporate treasuries, which could be the case.

But I’ve been thinking on what other events (good or bad) that could occur to see a path towards meaningful change.

1. Block (formerly Square) POS give every merchant option to receive funds as BTC or fiat Focusing on acceptance of payment in BTC on the POS seems like the upside down way to increase adoption. It would primarily be a way for current holders to pay out in BTC, but most won’t. And expecting that to drive the tide seems weird.

However, if merchants had an option to settle in BTC or fiat at the market rate (by % globally or at point in time), that seems like it would increase users while increases holdings (those who choose to settle in BTC obviously aren’t interested in it being in fiat so wouldn’t do an exchange immediately).

1. Countries with high US/EU remittance increase public service announcements to their recipient citizens to use BTC Some countries have high remittance inflow from their overseas expatriates. For example, Mexico and the Philippines, often have family members in the US who then use very expensive remittance services to send money back to their country.

The governments of those recipients could spend money on PSA’s advising their citizens to receive money in BTC, which reduces the transaction costs and increases the holdings of those citizens in BTC. Many of those countries have shaky currency so once there’s a base, they could follow in El Salvador’s footsteps are see acceptance for goods and services.

1. HRIS/Payroll vendors like Gusto provide an option for DCA 401k for Bitcoin (direct, not ETF) I am still researching whether pretax purchase of BTC can be moved to a cold wallet or if they have to be held on the exchange But if the former, then these payroll vendors if they made just the option for all their customer’s employees to DCA a portion of their pre-tax to BTC, that would increase holdings.

Incentives mostly align:

1. Block takes an exchange fee instead of Coinbase for settlement to BTC
2. Countries have higher total remittance without paying high fees to legacy systems
3. Payroll vendors improve their offerings (and they probably get a commission on usage)