Noob question from me . Can bitcoin be regulated so much that it losses alot of its value??? (banned from the country etc.)
Yes it can. It stops circulation and liquidity and therefore adoption.
The recent price dropped of bitcoin is probably related to bitlicense beng proposed by New York.
If bitcoin business follow every rules and accept it, that will make btc no difference than fiat.
Except for the whole decentralized deflationary asset part. Like you know everything that makes bitcoin bitcoin? No regulation can change that, and no regulation can stop fiat from losing value year after year.
