Post
Topic
Board Press
Re: [2017-04-30]India’s Government May Be Preparing to Legalize and Regulate Bitcoin
by
Kemarit
on 10/05/2017, 18:02:05 UTC
If India and China adapt bitcoin and if the government legalize bitcoin then the price would rally and the amount of investment coming into it will be really huge as India have more billionaire than the rest of the world and the population is really huge and they have close to two hundred million phone internet users which is really a prime place to legalize bitcoin.
I'm just surprised that other countries and their government are finding positive moments in the field of crypto currency for themselves and the state, why others have this problem.

But I doubt China will adopt bitcoin. PBOC has already put a tighter regulations on Chinese top exchanges because they suspect that something is fishy with their transaction volumes. But for India, its different. If they are open for bitcoin adoption in the future, then this will be another step for bitcoin to be fully mass adopted. I don't know what else the other country will think not to adopt bitcoin technology, if the most populous or second populous nation of earth embraces bitcoin.