Post
Topic
Board Bitcoin Discussion
Re: Future of Bitcoin in India
by
Ailmand
on 20/07/2018, 12:45:05 UTC
What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? Shocked

in my opinion, India could be an important factor in the development of bitcoin in South Asia. if India does not ban bitcoin, I think countries in south asia will take part, although the process will be long and time consuming. The point is back to the government in that country.

I agree. I don't think that banning Bitcoin-related activities will do them any good. India, although in majority, a not so rich country, they are quite technologically inclined, and so, it would not be as hard for them to adapt cryptocurrency practices because it's easy for them to learns its ways and means. Also, the sheer number of people their would be a key instrument that can really contribute to the explosion of cryptocurrency in Asia and all over the world. As more and more people of different nations would embrace Bitcoin, it would help more people realize its true potential.