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 think it will not affect the Crypto market. But the government can not enter our market. Because this is a new market, investors are allowed to be anonymously invested and able to do anything with their money and no rules are set. The government will face many difficulties in taxing us.