Post
Topic
Board Economics
Re: Is government the most influential factor that affects Bitcoin price?
by
carlfebz2
on 09/02/2019, 13:02:44 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?

I cant really deny that Government the most influential factor neither it can give out Positive and also on negative side.Deciding for it to be completely forbidden, shall we say that all governments
would have the same act on prohibiting it then it can affect the price but as to expect with BTC and other coins would still remain underground.