Post
Topic
Board Economics
Re: Government policies help to grow the price of bitcoin
by
Gozie51
on 19/04/2021, 18:36:00 UTC
Crypto currency round the world has come to stay, to foster growth in business and build trust among its users but most world leaders are head bent on tackling bitcoin by making difficult policies to affect its stability, but little do they know that this policies of theirs make bitcoin to become more influential among other crypto ,making it scarce and the most sought after crypto currency thereby making the few people that have it to hod and inflate the price to which ever amount they wish to sale on peer to peer bases...what do you think

I think for me it is not government policy that is responsible for these imaginable bitcoin and crypto growth, rather it was time for the growth. Bitcoin growth isn't even accidental because bitcoin is 10 plus and it has a record of increase after halving. Halving is very instrumental for its growth. And simply, many people, institutions are now using bitcoin. Remember PayPal and many others not even necessary to mention are now accepting bitcoin transactions. Is that simple to see price increase because of the demand and supply order.