Confidence is steadily increasing, although with the Microsoft rejection you wouldn't know it. Eight years ago I would have said there was not way BTC would hit $100K, so I called that one all wrong. That being said could it hit $800K? All bets are off, it may well do that and even surpass one million dollars. It won't be this year or even likely next, but in five years things could be very interesting!
The Microsoft vote did surprise me but is nothing more than a bump in the road. Governments are dealing with bigger dollars. I saw a headline where even towns and cities are proposing this idea.
Proposals mean nothing. We will have to see what starts getting passed. But there could be some floodgates open if these ideas become law.