Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will be junk/trash after ban in 2 big countries
by
NeverSop
on 12/06/2019, 16:41:08 UTC
this is bad news.  the decision of the Chinese and Indian governments will make BTC's popularity fall.  I know that China and India have different reasons when they ban BTC.  but i believe.  Crypto users will have many ways to make BTC legal.  maybe demonstrations can make the Indian government change their decisions.
The value of bitcoin is directly proportional to its popularity and the legitimacy is still there in other major countries in the world such as the EU, G7 ... They will still help bitcoin become popular and growing stronger in value. I think that agreeing and supporting bitcoin is still everywhere in the world. It does not affect the bitcoin value as you think.