Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Lets say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But Im positive such regulations wont hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
It is obvious at least to me that as cryptocurrencies become more and more valuable that we are going to see a greater amount of regulation applied to them, this is not really surprising governments understand very well that cryptocurrencies can create a lot of problems for them in the long term and they are trying to prevent that, but unfortunately for them they are going to fail.