India may ban crypto in next one month

[awesomewebsites]

Sad but it can happen:
https://news.bitcoin.com/indian-government-crypto-bill-cryptocurrency-law/How do you view it ?

 

[aspire.samee]

95% Indians are still unaware of the word CRYPTO.
won't make any difference to majority, Majority will even be unaware about thr law also

 

[indianmojojojo]

yes this was expected earlier, but I think India is coming with a new local cryto currency. Yes lot don't use crypto in India, as majority think its a ponzi scam or its used to buy drugs/ weapons lol

 

[Gogol]

Yeah and I gotta remove my money from zebpay and wazirx. Shit move by the government. Anybody knows a platform which doesn't care if you are from India?

 

[Aluminium]

Didn't India ban Fortnite (or World of Warcaft.. something) and then force people to play their own version that was developed in-country?

Sounds like the exact same situation lol

 

[speedyallan77]

even if the government bans why do u care.
u can still use it using vpn/vps and they can't do shit.

they are scared about what they can't Control.
i would personally just use it from vps or something.
they can suck my d**k.

btc is unregulated. let them fuck off and scam others. gov already scams people.
i ain't supporting any gov.

 

[Cro7]

Yeah and I gotta remove my money from zebpay and wazirx. Shit move by the government. Anybody knows a platform which doesn't care if you are from India?

My wallet

 

[macdonjo3]

Sounds like a great place to not live

 

[Gogol]

My wallet

No, i mean trading platform lol.

 

[MehtaM]

They will debate various issues to justify the restrction on Bitcoin. I will wait for the debate first. But it seems like the govt. wants to adopt blockchain technology but doesn't want its regulated fiat currency challanaged.

They're expecting a bigger initiviative than UPI.
Microsoft and Google are already into it.

"India is set to add blockchain infrastructure to that India Stack and the benefits could be way, way bigger than what the unified payments interface (UPI) achieved. "

https://www.businessinsider.in/tech...-blockchain-strategy/articleshow/80718403.cms

 

[Xdfffninja]

India and Nigeria. Birds of the same feather when it comes to backwardness.

 

[indianmojojojo]

India and Nigeria. Birds of the same feather when it comes to backwardness.

i differ, mate, India can actually build and pull off its own crypto currency.

Just like how it pulled off UPI payment

 

[Brickbat1]

i differ, mate, India can actually build and pull off its own crypto currency.

Just like how it pulled off UPI payment

very true.

 

[Chielou June]

i differ, mate, India can actually build and pull off its own crypto currency.

Just like how it pulled off UPI payment

Why not compete with existing one?
This is as same as what microsoft google n fb did earlier. Monopoly

 

[indianmojojojo]

Why not compete with existing one?
This is as same as what microsoft google n fb did earlier. Monopoly

Well, it's easier to compete. Just like how it banned Tiktok, Pubg, and got Indian providers.

 

[MgicalaEarner]

95% Indians are still unaware of the word CRYPTO.
won't make any difference to majority, Majority will even be unaware about thr law also

you are mistaken brother don't take Indians lightly

 

[Deleted member 1333509]

Countries that don't embrace cryptocurrencies in the coming years are going to a) suffer from a hugely missed opportunity for their citizens to generate wealth, and b) look like troglodytes while the rest of the world is busy integrating the next step in finance.

 

[Rowdy Devil]

Damn coinswitch recently raised 15$mn

 

[JB2302]

95% Indians are still unaware of the word CRYPTO.
won't make any difference to majority, Majority will even be unaware about thr law also

99.9%

 

[mrnixdorf]

you are mistaken brother don't take Indians lightly

Agree, indian are involved everywhere now
Just check YT, im sure youtube gonna ban india soon for the awesome content they provide