Topic: Is the future of bitcoin dependent on India and China? (Read 609 times)
To tell the truth, future of the whole world is dependent on India and China, so Bitcoin also. But even without these two counties Bitcoin will have a prosperous future
Can somebody tell me if this is true?
Not really sure about this but yeah I think it is affecting bitcoin in some way. The clampdown by China on crypto-coins is not an unexpected development. The country began moves to block trading back in September along with bans on cryptocurrency fundraising sites and ICOs.
Meanwhile, India's government warned this month it would not recognize cyber-cash as legal tender, and signaled an outright ban on the use of Bitcoin and other cryptocurrencies for illegal purposes and within the country's payment system.
Meanwhile, India's government warned this month it would not recognize cyber-cash as legal tender, and signaled an outright ban on the use of Bitcoin and other cryptocurrencies for illegal purposes and within the country's payment system.
Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
India not involve nor they can destroy bitcoin, and Chinese government just ban the use of bitcoin. You're totally wrong they can't decide the future of bitcoins. Believe me only we can make the future of bitcoin. Its future is in our hands. We contribute for bitcoin and only we're the reason of growth bitcoin. These countries are just against the cryptocurrencies but they can't harm them.
Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
India not involve nor they can destroy bitcoin, and Chinese government just ban the use of bitcoin. You're totally wrong they can't decide the future of bitcoins. Believe me only we can make the future of bitcoin. Its future is in our hands. We contribute for bitcoin and only we're the reason of growth bitcoin. These countries are just against the cryptocurrencies but they can't harm them.
Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
No. Even without China or India, we still can mine and promote bitcoins on a large scale. We still have heavy hitters like in South East Asia like Japan, which openly takes in bitcoins and are technologically advanced enough to mine become an industry of bitcoin mining.
I don't know where BTC's future is, but it's definitely not in China!
Many young people in India work in silicon valley, and India's technology is growing faster than China's.
I think India's digital encryption money is growing faster than China's!
Many young people in India work in silicon valley, and India's technology is growing faster than China's.
I think India's digital encryption money is growing faster than China's!
Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
Bitcoin was banned in India before, but then the economists of the country take back his words because he found out that the bitcoin’s economy has nothing to do with the economy of their country. The uniqueness of bitcoin were found and they were so amazed with its development. Currently, the only issue of India in bitcoin is the unstable value of it. They even warned their citizen on not to invest in bitcoin. government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
I do not think so. China only makes the situation of electronic currencies deteriorate. Recently, the Chinese currency has failed despite the fact that the dong has been traded. So if China dominates will make the price of BTC fall deep. government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
It something having bad effects if one or two countries don't accept cryptocurrency business, but the total bad impact does not form a huge damage on the operation, however it would also affects the total trust of community people that forms a few doubts and fear. But positively thinking, we don't need to worry all about issues, that there are some countries don't like bitcoin business, as long as our country freely open the operations, all we need to do are strongly support bitcoin business, because bitcoin having a good returns to all of us, as a bitcoin enthusiasts.
I think these two countries cannot affect the future of bitcoin because there are still many countries that are supporting and using bitcoin and i guess that no countries can control the future of bitcoin.
The whole point of the Bitcoin revolution was to have a decentralized and border less currency and technology that surpasses border control and government restrictions. Of course, now it has grown huge and many investors are involved, governments are stepping in to regulate it. China can tighten controls over Bitcoin because China will only support blockchain projects that benefit it as a country. India has declared that Bitcoin is high risk but I doubt it has the human capacity to ban it because of it's political and economic make up. I think without much input form these countries, it may lag behind a little in price, but as other countries develop the technology and move forward, the price will eventually go back up again. I am optimistic with this view point.
The history of bitcoin from Japan began and became dependent on countries such as China, but India does not think it will manage currency and assets.
Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
As a result, nothing concrete has happened, the price is being restored though slowly. But they showed that they can affect the price, which is not very good of course. I think any country that plays a big role in the financial market can affect the prices of cryptocurrencies, and currencies in general. government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
Any type of bad news can be momentarily harmful for Bitcoin, but in the long run, Bitcoin will still continue to grow since it does not depend on a country's acceptance.
Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and
government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
I don't think so. Now China and Japan are less important to bitcoin than Japan. Now, the impact of Japan's bitcoin reading is far greater than that of Japan and India. Japan has more investors. government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
The future of bitcoin does not depend in any country like India or China besides there are lot of countries that supported bitcoin.Maybe the price of bitcoin may affect but the popularity of bitcoin is still there.
I don't think so. The dependency of bitcoin doesn't come from the exact or specific country. It spreads around the world. They may affect affect bitcoin because some investor bitcoin are there. But it doesn't affect that much for bitcoin. And for China, it's an old story, dude.
China is the main importer and exporter of goods and services. Digital yuan will help China to internationalize its currency and use it as a substitute for the US dollar, "experts write.
Bitcoin is not dependent to any country or region. If it's dependent, then why do we called it "DECENTRALIZED"? Of course, it's not dependent to any person, country, etc. That's the purpose of bitcoin and the blockchain technology no one owns it, but everybody owns it.
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