How much will the value of Bitcoin fall after FM Jaitley denunciation of cryptocurrencies during the Budget speech

How much will the value of Bitcoin fall after FM Jaitley denunciation of cryptocurrencies during the Budget speech ?

Anup , 03 Feb 2018

1 Answers

Well the bitcoin has hit a two month low in India. In any case, bitcoin was becoming a bubble waiting to burst. Jaitely has only accelerated the process. Any FM would have done the same, considering no central authority in the world certifies or backs Bitcoins or other forms of cryptocurrency.