Some of you probably saw the news that bitcoin will be fully legal to its citizens in June. What do you guys think will happen to Bitcoin?
Probably we will see some spike on the price, but still though we are in the bull run so it might not last that long. Of course the first one to benefit is their locals, the citizens who have been using bitcoin for a while and so they can really come out from the closet and maybe spearhead bitcoin's transaction on that island. However, I don't know if this will sit well with the Chinese government, as we all know Chinese have a love and heat relationship with bitcoin. And Hongkong being it's legislative nation, might also interfere, just saying. Although there are news that the Chinese government are going to support it and are softening their stance, who knows what might be going on behind.