India to Ban Gold Importation; Bitcoin Price Rally, Market Shock Imminent (The Cryptoverse #152)

in crypto-news •  8 years ago 

On today's episode of The Cryptoverse:
Gold, which most investors and traders consider as the world’s safe haven asset, may be banned by India in the upcoming months.

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Sources:
Original Article on Coin Telegraph

The Anarcho-Capitalist Perspective on India, War on Cash, Gold and Bitcoin

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When the government bans something, people will just want it more and go to greater lengths to get it... especially if it's a valuable safe haven asset with historical & cultural significance... Unbelievably stupid on the part of the Indian government. If is a logical step if your REAL plan is to implement draconian control measures and you want to turn every citizen into a criminal...