I think we are going to spend $10,000 per bitcoin sooner than we thought because more countries are legalizing bitcoin. Australia is going to do it on July 1st, India is on its way. What do you think?
Still no clarity on the situation in India. It is not clear whether the government is going to legalize it or not. Already, many of the officials have said that Bitcoin is having a negative influence in the form of tax evasion and use in ransom demands. They may or may not legalize BTC. But even if they legalize BTC, the tax is going to be very heavy.