Here’s a look at Nomura’s suggestion that bitcoin is translating to a wealth effect in Japan. During the first half of 2017 and, indeed, throughout the majority of the preceding two years, the majority of volume in the bitcoin space was rooted in China. The Asian superpower dominated mining, played host to the largest and most trusted exchanges and individual speculation, both from a short-term trading and a long-term holding perspective, was rife. Then, in
Tag Archive: GDP
Bitcoin, Bitcoin Acceptance, Bitcoin Investment, Markets and Prices, News, News teaser Bitcoin Breaking News Brief, Breaking Bitcoin News, Breaking News, News, News teaser
The financial turmoil wreaking havoc throughout the world is leaving most countries trying to figure out where to go from here. One country that is not encumbered by any of these issues is India, as they are gaining a lot from other countries’ issues. Low oil prices and a growing interest in the Indian stock market paint an interesting picture of how this corner of the world might be getting ready for a financial revolution.