Crypto for the Average: INDIA--how much will the legalization affect Bitcoin and other cryptos?

in india •  8 years ago 

Information is valuable. Time is money. With that in mind, these discussions are for the average person. Charts may help, but opinions matter as well.

Real simple: I post a question that is on the minds of many. No blabbing, no extraneous material. I pose a question and we discuss the pros, cons, etc.

Today's question is: Will the legalization of Bitcoin in India largely affect the crypto market? And how soon?

I have thoughts: Well, it was just legalized the other day. Funny--there's about a dozen exchanges in India. I'm thinking the market will gradually turn upward at first. Yes, there are over 1.3 billion people in India. However; most are poor and most are not aware of crypto-currencies. So, I'm not getting overly excited in the short term.

Thanks for your time. Feel free to add your own thoughts.

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I don't really know what is happening to them

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