...only the government has the power to dictate the price of bitcoin.
No, I strongly disagree! The price of Bitcoin is dependent upon the demand of the people. The value has actually started from zero and gradually turned to a few cents and a few dollars later on. The growth has nothing to do with the government whatsoever. Everything has something to do with people putting trust on it basically because of its technology, that it cannot be controlled by any single individual or group, that it cannot even be tampered or killed, that transactions are made public therefore transparent, and that personal identities are not anymore needed in doing transactions. It is therefore the agreement among people that Bitcoin has value that put value to it.
I also strongly disagree. They have no idea what they are talking about. So according to them because drugs are illegal there is no market? People will still use and buy bitcoin if it is illegal.
What a clueless person. The government does what we want them to or we protest they should read a history book. If they made bitcoin illgal I would tell them to get off and keep using it. Freedom and moral value is much more important than any man-made self-serving and selfish law with alter motives.