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Cryptocurrency discussions / Re: If China soon welcomes crypto: strong bullrun?
« Last post by Jamal Aezaz on Today at 09:03:58 PM »Actually, China should start developing their crypto and allow crypto to be used by its citizens, because several countries have legalized bitcoin as an investment. If China takes the role of legalizing Bitcoin as one of the countries with the largest population and economy, it will have a good impact on the crypto market
If more countries are accepting crypto then the popularity of crypto will increase as a consequence of which it will become more successful. But the government of each country thinks differently so I think if China has not accepted crypto yet then there will be some reason behind it which we cannot understand.
The success of crypto is related to the adoption by the people therefore I think if China accepts crypto then Bitcoin price will increase even more than newly created ATH.