It's definitely a good sign, and bullish long term. Just the 1.4 billion number doesn't really hold much value here imo.
How many of those 1.4 billion people have heard of crypto, let alone have access to the means of entering the market.
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Ban is lifted untill regulations come in... If at all it comes, untill then users can Trade.
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It's just madd, how people are interpreting this news..
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7 million people, 21 million Bitcoins. Send it.
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More than 0
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Prior to ban,
@koinexindia did $20 mil at an average day. The entire nation's bank servers crashed because of crypto. That's just 1 exchange. We had 4-5 such -
And as the volumes started increasing the banks started boycotting crypto exchanges. So we still have no idea the extent to which India can dictate global volumes. But my guess is it is going to be very significant if the current regulatory conditions persist or are better.
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How many of those pajeets are subsisting on 20 cents a day is what I think you meant to ask Hsaka
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