RE:hmmmIn India, despite government threats of a ban, transaction volumes are swelling and 8 million investors now hold 100 billion rupees ($1.4 billion)
This is a drop in the bucket compared to how many countries trade bitcoin even if india ban trading. If countreis stop people from holding bit coin that's a different story. Even China never stopped the public from holding bitcoin. i think it would be even more valuable if any country stops people from owning the coin. JMO