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?
I don't believe there any single individual or countrythat can influence the market value of Bitcoin in anyway. The current stage of is as a result the believe people have in blochain technology and Bitcoin in particular that is sustaining it's existence and it's market value till today and not any single government or individual influence.