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?
With bitcoins hitting a record of $100,000, I won't be surprised that the government would do all of its efforts to finally put regulations on the trading and transaction of bitcoins in their country. However, with this kind of regulations comes with a ball and chain to the main feature of bitcoins which is decentralization.
who will determine everything in the next year whether it will be a positive or negative thing with the enactment of regulations on cryptocurrency, I will only wait for the flow that will occur in the future and hope for the best for bitcoin and cryptocurrency.