Post
Topic
Board Economics
Re: Government policies help to grow the price of bitcoin
by
k@suy
on 29/04/2021, 06:30:00 UTC
if the government has discussed BTC, it means that the national media, both printed and electronic, will definitely highlight it. of course this will increasingly reach many people, and more and more people will know about cryptocurrency.
the good news, if the government supports cryptocurrency trading it will have a positive impact, on the contrary if there is a related ban it will usually cause a decline, especially if the news is issued by an influential country.

Of course it is, the truth is the people inside a one country will definitely going to trust a one thing that was new in the system if the government itself introduce it to their peopl. So yeah the government has a big part to the grow of price of bitcoin if ever the government of the said country are open minded to welcome cryptocurrency as one of the means of currency circulating inside their nation.
But as also expected there are some countries that are not interested with adopting bitcoin like Russia and others.