Post
Topic
Board Economics
Re: Is government the most influential factor that affects Bitcoin price?
by
radjie
on 10/02/2019, 16:53:19 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?
the government does not have a role in the price movement of bitcoin because cryptocurrency is decentralized or no one regulates it. if the government is one of the main factors that can influence the price movement of bitcoin, this modern technology must be focused on one government and of course there must be regulation. even before that, he had to be able to turn a decentralized system into a centralized system