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RE: Money laundering and "state backed" coins like Venezuela's Petro could be partially responsible for crypto bear market
I'm sure the price of Bitcoin and other currencies will fly to the stars in three to six weeks.
I agree eventually the price will rise again but my point is it didn't have to crash in the first place. My point also is, you can only rise so high off a limited demographic. To get the entire world interested you have to actually listen to the concerns of everyone and not just your own demographic.
People fear hackers, people fear organized crime, people fear money laundering due to the fact that it encourages both, and then people see cryptocurrency being marketed by some like the perfect money laundering tech.
This is a problem because having the wrong perception limits your growth.