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RE: What can the Bitcoin's panic do to people, and why is the Bitcoin here to stay (opinion).

in #bitcoin7 years ago

Indeed, if the governments would be able to stop bitcoin and all crypto currencies they would've already done it long ago. All the can do is talk big and make some stupid regulations in hopes that people will fear them.
While the fear tactics might cause some prices going down in the short term, cryptos are here to stay and the governments won't stop it no matter what.
They can only stall the process, as they are trying to do right now. If banks would decide to buy all bitcoins, I think they would run out of money soon LOL. Cuz the prices would go up like crazy, plus there are thousands of other cryptos, so would they buy all of them as well? The less supply there would be, the higher the price...
I'm not worried about this at all, because I'm 100% sure everything will be alright in the end.