Post
Topic
Board Bitcoin Discussion
Re: More Regulations For Cryptocurrency?
by
Ozero
on 22/10/2018, 21:06:27 UTC
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? Let’s 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 I’m positive such regulations won’t hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
Yes, after the state legalizes cryptocurrency, it will continue to establish additional rules for the circulation of cryptocurrency, since from time to time various unforeseen situations will arise that will require further regulation. In addition, I think that over time, the state will establish an increasingly rigid framework for circulation of decentralized cryptocurrency, since, in general, it is not profitable for the state.