whether government regulation is crucial to bitcoin survival, will it have a positive or even negative impact. What do you think ?
Government regulations will greatly affect the development of bitcoin. if the government recognizes and adopts bitcoin then bitcoin will be one of the legitimate payment media. this will have an impact on increasing the use of bitcoin and can also increase the price of bitcoin. on the other hand, if bitcoin is prohibited by the government there will be negative impact such as decreasing bitcoin price. that's why government decisions are so important in determining how bitcoin will be regulated.