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?
I believe that the government will have a large share in influencing the development of cryptocurrency. We all need to wait until there is a regulation that definitely states that crypto is a legal financial system to use. government factors can very clearly influence the direction of the development of cryptocurrency very significantly. So our current task is to try to continue to encourage the government's attitude to be able to support and also do various things that can facilitate crypto development in the world.