Look, I understand that you want your Bitcoin to go up in price so you can turn a profit. And there is nothing wrong with that
Actually no, personally I'd prefer if Bitcoin stayed where it is now but with added volatility (say, within the 1k range)
Where you are wrong is thinking that regulations and Wall Street involvement is going to somehow make the Bitcoin price go up. You think it will bring Bitcoin into the mainstream
If you are right, then it should bring more volatility. If you are wrong (and I'm right), then it should bring higher prices, as simple as it gets
The problem here is that government and banks are not interested in finding a better alternative to fiat which they control. They are not interested in surrendering their control of money, and the supply of money.
Government doesn't want you to have money they can't track, money they can't control and steal from you via taxation and inflation is not what they are after
What government do you refer to here? Anyway, there is no agreement between powers, so any government in particular doesn't mean a shit on its own
And all that Wall Street wants to do is offer you derivatives (a.k.a. paper Bitcoin) for you to invest in.
When they figured out a way to issue paper gold, they effectively diluted the price of actual gold. Because countless people prefer to hold paper gold over actual gold. They are bring told this paper gold is safer, more regulated, and just as valuable as actual physical gold
It won't work with Bitcoin because you can't sell paper bitcoins without providing a means to validate them, i.e. whether they are actually backed up by real ones. This is the difference between gold and Bitcoin. They have already tried to pull off this trick by creating cash-settled Bitcoin derivatives (i.e. futures) and they fell flat on their face. Their effort mostly failed as no one got interested in this shit. That likely explains why there is no Wall Street with Bitcoin (and may never be)
As you can't fool the blockchain