Post
Topic
Board Economics
Re: Government policies help to grow the price of bitcoin
by
Princejebs
on 19/04/2021, 19:47:40 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

Policies and regulations can and will only affect its people and the particular region, the jurisdiction cannot do anything to bitcoin since it's global currency without central authority though it might affect the price in a short period of time with some corrections.
The only thing that can stop bitcoin growth is when internet seized to exist which isn't possible by the way. Government would continue to threaten bitcoin until one day they realize it's too late for them to stop it.