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That is a really good news that another country is lagalizing bitcoin. Hope this will give bitcoin all the oppurtunities as the usual currency. Good days are coming.
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Good news indeed. blockchain is being used in music industries too. I like this wide use of blockchain technology in various sectors.
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I think it can increase the market but no assurance as this market is so unpredictable.
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The main reason behind this is investment also the price of bit will be increased if investors invest money in it but many of them switch also there is problem between trading because many country blocked btc system because of their security so many country is open this system now the price is again increasing.
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South Korea took this decision based on its benefits and they are concern about tech so they are very much interested about this crypto currency system so if the com in this market then this market will be benefited also the price will be increase also & this will help their people to earn more profit.
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If Indian government make rules for using crypto are a illegal business then crypto trade will illegal. But i think Indian peoples will use crypto because they invest large amount of money in this market. It is not possible for the government to control this market.
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We all know about Warren Buffet and Jamie Dimon. They are the big name of the world. These 2 men always criticize against bitcoin. They are not happy for bitcoins success. Thats why they doing this. i think in near future they will understand their fault.
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