Quote from: hotforblockchain on October 22, 2018, 10:41:25 AM

Quote from: DOGECOIN92 on July 08, 2018, 11:13:01 AM

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?

Why should government interfere just because something is gaining value?
They just have to make sure that ID regulations are respected and thus the risks are managed as highly as possible.

Because they are the government, governments at first do not interfere with new industries because it is not worth for them to spend resources to try to regulate the market but once it becomes big enough it becomes profitable for them to do so, but it seems to me they are going to find out this is not going to be the case with cryptocurrencies and they will be confused about what to do.