Post
Topic
Board Economics
Re: Is government the most influential factor that affects Bitcoin price?
by
usorin
on 08/02/2019, 20:48:34 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?
Even if it would be some negative regulation like in USA or China, this doesn't mean that everybody will shut down their pc, thi technology has to move forward for the only fact that it offers transparency and everyone shares the data so nothing can be added or deleted.