Post
Topic
Board Economics
Re: Is government the most influential factor that affects Bitcoin price?
by
Reinsurer
on 31/01/2019, 14:00:10 UTC
Sorry for the naïve question, but I'm just really curious. What would happen to Bitcoin price if, for example, Trump declared all cryptocurrencies forbidden?

Can Bitcoin survive because of decentralization or some other underlying tech concepts, or will it simply drop down into oblivion if the government decides to fight it for real?

Giving the official status of cryptocurrency in different countries, as well as the growing use of Bitcoin as a daily means of payment and create people confidence in the further growth rate. But there are "pitfalls".