I'd cash out when
a) Crypto becomes legal in India
b) Cashing out is simplified
....at what price is not an issue with me ;)
RE: $1.60 Steem? My powerdown experiment may end long before planned!
You are viewing a single comment's thread from:
$1.60 Steem? My powerdown experiment may end long before planned!
oh, that's right. IIRC, they have also started pulling larger currency notes out of circulation there.
once the bankers find a stable way to squeeze out "their share", I think India will regulate BTC and allow it's use.
India is too big to pop across the border to a more convenient country everytime you want to cash out
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haha
. Yes its better to cash out in the home country, international travel is expensive ;)
By the way here is a link where our Prime Minister has invited comments on whether to legalise or not, virtual currencies in India.
https://www.mygov.in/group-issue/commentssuggestions-invited-existing-virtual-currencies-framework/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I understand the possibility for cybercriminals and terrorists to use crypto (one area I study, in fact), but governments should focus on rooting out cybercriminals and terrorists, not interfering in the private lives of their citizens ;>
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes.. I totally agree. Bitcoin is neither legal nor illegal in India. The Coin Companies here are already asking for Identity verification to buy Bitcoin. If and when India legalizes crypto currency, it would be made mandatory to disclose identity to keep check on misuse.
Lets see.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit