Diary of a rail fan in Kansai,Japan(Ver.2)

About world's rail news, general news, my train pictures, and travel diary)

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Why does bitcoin depend on big nations?

Crypto 'superpower?' India's young investors prefer bitcoin to gold and 'boring' stocks
https://edition.cnn.com/2022/03/03/investing/india-cryptocurrency-investing-future-hnk-intl/index.html

If millions of Indians take part in the bitcoin market, bitcoin will rise soon. But, once bitcoin becomes less attractive in India, it will be plummetting soon. It means bitcoin depends on nations with larger population.