What about Japan one of the largest economies in the world having accepted bitcoin as legal tender?
Smart forward looking governments are welcoming innovation in the crypto sphere see Switzerland, Belarus, Estonia.
You mention Paypal whose own founder says that it has not delivered on his original vision. Moving money around with Paypal is slow and costly.
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One of the largest economies in the world is still quite an underrepresentation in a fully global contrxt for what adoption really should be right now to command the prices that it is even factoring in other aspects of the coin. Of course like everyone I cannot explicitly define an exact value but considering that many have tens of billions of dollars in valuation is quite ridiculous especially if you try to compare it to the value companies who have similar market caps bring to the world.
Unless America or larger economies in Europe start to welcome the idea, I remain fully committed to my stance.