Post
Topic
Board Bitcoin Discussion
Re: Is the future of bitcoin dependent on India and China?
by
gcckpxm62308
on 04/02/2018, 06:33:46 UTC
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.
I do not think this Indian country will have a significant impact on Bitcoin, but China can influence Bitcoin because China has a large population and fast economic growth. As far as I know, there is currently no explicit ban on bitcoin in China,I think Japan and South Korea's contribution to Bitcoin and the impact is greatest.