Bitcoin got banned in India and China so Bitcoin is worthless in these 2 countries. People of India will lose $10,000 or $100,000 if they do not get buyers in other countries at $7000.
But who will buy 1 Bitcoin for $7000 ??
Insider's Information for Gold and Silver
Bollywood superstar "Amitabh Bachchan" earned multi-million dollars by starting a Bitcoin company.
But who will buy 1 Bitcoin for $7000 ??
Insider's Information for Gold and SilverBollywood superstar "Amitabh Bachchan" earned multi-million dollars by starting a Bitcoin company.
These two countries are huge markets for the crypto industry however there will be options for them to buy and sell crypto. OTC or localbitcoins are one of the available solutions that it might have.
Bitcoin will not be dead or junk because there are many other huge markets that are going to disrupt.