Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
The problem is no longer if the country decided to ban bitcoin has a lot or few people who buy and sell bitcoin, if that country ban bitcoin then it is more likely that other countries will follow the same path and this is what many people are worried about , because india is in asia and if india ban bitcoin then other countries of asia could ban bitcoin
but why not for other countries to advance bitcoin in the future including the country that I live in now ..
create some bitcoin community in your country and spread the word and with this you will bring more people to this great community of bitcoin
And now India? Seriously? India?
One of the poorest country on earth, with half of their population unable to afford a regular non segwit tx is going to affect the price?
Let's be honest about it, at list China had Bitmain and mining farms, India has nothing.
Just look at one small thing: Number of bitcoin nodes in India 58. Number of nodes in Lithuania 81.
The problem is that India is a country and being an Asian country to ban bitcoin may be a bad influence for other Asian countries, other Asian countries may follow the same path as India.