But 90% of the public has no idea they can do this, and Im not even certain that someone buying 0.00004 BTC at $10,000 is going to push the price up at all.
This is going to change, even now bitcoinity has switched to mBTC, and the price is $1.05. The change will come from BTC businesses/services, and the public will fall in line.
Can someone please explain to me where the money would come from? Even if India gets on board ... how the heck will their participation affect price?
Institutional investors. Also, bitcoin awareness is till extremely low. Participation is even lower, there is a massive upside on this should nothing change (perception, legal action, "new" bitcoin etc).
Hehe, what do you think happens to a government without currency?
It has to adopt significantly less dubious policies and not attempt to secretly steal from people?
HA! +1