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Your argument is that bitcoin has no growth potential in India? They have 1.3 billion people.
by dubswithus 4y ago
Your argument is that bitcoin has no growth potential in India? They have 1.3 billion people.
- Macha 4y agoTo the extent it has grown previously? Why would the factors above in dragontamer's post not apply there as much as the west? e.g. it's not like Indian celebrities haven't been hyping crypto like western celebrities: https://www.ndtv.com/business/bollywood-stars-endorse-cryptocurrency-do-they-trade-in-it-2610185 https://www.ndtv.com/business/bollywood-stars-endorse-crypto... "The West" has about a billion population also (370m USA+CA, 600m Europe minus Russia, 30m AUS/NZ). That's not inherently a reason for crypto have potential for another boom cycle here, nor is it inherently the same in India.
- dubswithus 4y agoThese comments assume that 1.3 billion people have made a decision on Bitcoin and they will hold this position until death. It also assumes the people that have invested already won't invest more as their careers progress.