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?
Everything will depend on the demand for bitcoin. If we talk 100k, then, first of all, we should see approval from the government. From this it follows that large investors will invest in bitcoin, and then already small investors. Therefore, I believe that the high price of bitcoin will be accompanied only by approval from the government.