Post
Topic
Board Economics
Re: Government policies help to grow the price of bitcoin
by
AicecreaME
on 06/05/2021, 08:12:56 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 agree on what you stated. Government keep on pushing the cryptocurrency away, thinking they'll be able to control its widespread. They are not aware that they are actually helping it prosper by their policies and regulations. In fact, because of their blatant rejection of crypto, it has gained attention from the media. There are news and articles circulating online about what cryptocurrency is and its potential. This makes the crowd draw their concentration to what it has to offer, leading to more users and investors in cryptocurrency.

Bitcoin can't be manipulated ad be enclosed inside the box by anyone else. It will surely bloom and thrive sooner or later. Government can do nothing about it. The more they hamper its growth, the more it will persist to soar.