It appears the Indian government is finally ready to make a decision about Bitcoin and other cryptocurrencies. For a nation with such a strong focus on financial innovation, its leadership remains rather indecisive when it comes to Bitcoin and cryptocurrency.
Indeed, there is no official regulation or legal recognition for such currencies in the country whatsoever. However, that situation may finally change in the weeks ahead.
Many governments are struggling to properly define Bitcoin and cryptocurrencies right now. This new form of money is so unlike any other form of currency we have seen to date, it makes little sense to introduce complicated regulation.
However, some governments are still taking a very cautious approach by imposing harsh regulations first and foremost. Other nations are seemingly not bothered with regulation at all, which understandably creates confusion for the everyday consumer.
Atleast India is smart enough to know the way of the future.. but eish the big boys are just too focused on their plan to control the world they haven't noticed they are starting to lose this battle haha lol #freedom
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree completely haha!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Resisting technology through harsh regulation actually tests bitcoin and hardens it for turbulence ahead...finally btc wins..it is a smart move by india to move into adoption mode when china shuns btc
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Definitely a smart move to adopt and regulate crypto, people who want to buy and use it will buy and use it regardless of whether its permitted or not. By adopting and regulating it India will thrive and prosper :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit