Post
Topic
Board Bitcoin Discussion
Re: Should bitcoin have risen a little slowly?
by
Sinecoin
on 14/05/2018, 16:07:12 UTC
I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and  governments.

I dont think the sudden rise is what scared people and governments, its more about the possibility of mass adoption which removes the governments capabilities of tracking peoples finances.  The reason many governments are worried about crypto is because possibility of anonymity that it provides can lead to money laundering, drug trafficking and many more illegal things.