Post
Topic
Board Bitcoin Discussion
Re: Regulation of Bitcoin
by
BitcoinNewbie15
on 01/06/2018, 15:42:05 UTC
Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?

Really the only thing governments can do is regulate exchanges that Bitcoin is traded on. They could never regulate it on the base layer. It likely would have a negative effect on price in the short term, but long term it would be bullish as BTC would be more legitimized as an asset.