Good morning steemians as I woke up today just to see bitcoin below 9500 and thats scary for anyone who owns bitcoin or other altcoins. So I went to the web to see whats going on and i read an article saying the Indian government is to ban the use of Bitcoin and other cryptocurrencies for payments, finance minister Arun Jaitley has announced, further accelerating bitcoin’s plunging value that has been dropping since the new year came in. But
There is a light at the end of the tunnel though as more and more countries and businesses adapt to bitcoin to be the future of currency and accept is as payment things will definitely improve so i dont believe bitcoin is out for the count now. Also Minister Arun Jaitley did say they are exploring different uses for blockchain technology stating it can be used for a variety of other purposes. So who knows whats gonna happen with India but it can change its stand on bitcoin at any moment which can then cause a positive impact on the value of bitcoin rather than a negative one. So as the day goes and bitcoin's value goes up and down lets try to not worry to much or panic and start taking what stakes you have in bitcoin out. One Bitcoin is still worth 9000+ dollars so its still very valuable to hold on to. Bitcoin will continue its destiny to become the future currency that the whole world will adapt one day!!!
Hope everyone has a wonderful day and thanks for reading my post. If u liked my post you are always welcomed to Upvote and resteem if u wanna.
