RE: Politicians Can Be Bought; Cryptocurrency Is Money

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Politicians Can Be Bought; Cryptocurrency Is Money

in regulation •  6 years ago  (edited)

Yesterday In India we just got news from government to regulate cryptocurrency.. By the way it's good news for Indians as before this news our exchange's bank accounts banned for crypto users transaction so that we can't buy or sell any coin with Indian Currency... There is a big politics behind this whole scenario..

regulation
6 years ago by

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      ·  6 years ago 

    Yes I follow the India situation very closely. It will be nice if we can bypass banks altogether. If blockchains start offering jobs directly and paying in cryptocurrency we can start unbanking the citizens of the world and cut out the fiat middle man.

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        ·  6 years ago (edited)

      Blockchain technology have potential to modify all the banking system with more fast transaction and in cheaper way.. But the government can't get any profit from it.. So they never accept this technology..

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          ·  6 years ago 

        I disagree. I think cryptocurrency is smart money. Just like smart phones, they are good and useful for everyone.

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