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.
Right. This is what I always think about when it comes to regulation. It does have certain benefits.