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?
yes I agree with you I think that regulation will not inhibit the development of cryptocurrency. because with regulations made by the government, people will think cryptocurrency is legal and they will be interested in investing in cryptocurrency. and with the existence of government regulations can take taxes from cryptocurrency and tax is useful for the government and the people. so that cryptocurrency is regulated that is fine, as long as the regulation does not eliminate the nature of decentralized cryptocurrency.