It is very good news that your government stands with cryptocurrencies. But we are the Indian crypto investors and and all related with cryptocurrencies dealing going through a very hectic situations. Here, our apex bank that is Reserve Bank of India has announced that all banks dealing with cryptocurrencies should complete their transactions within July 6th. When the circulation of Bank has passed all the users are in great puzzle that what to do next. Some small exchanges moved to apex court with their petitions. But all was in vain, apex court fixed it's hearing date to this issue and stopped receiving any petition filed against cryptocurrencies.

I don't understand why our government is standing against cryptocurrencies which hold a great potential in present world of globalisation. It is said that in a country like India half of poverty could be eradicated permanently by giving access to cryptocurrencies. Moreover, our people specially the youths will not depend on government to earn a sophisticated life. Specifically steemit helps our youth to unite and discuss various important issues. Instead of banning cryptocurrencies, why shouldn't they ban some worthless social media like Facebook. Instead of motivating youth to become independent they demotivate youths and make their slaves to work under the government. All government bodies like banks and it also seems that the apex court which is a constitutional body stands in the favour of government. All these political calamities greatly annoys me the most.

They ban cryptocurrencies by giving some valueless points. It is said by the deputy governor of Reserve bank that using of Blockchain technology will lead to money laundering and also increase terrorism. Do you think such problems will occur if they give access to crypto.?
I liked your post, you explain it in a layman language which help us to understand. Thank you for sharing your knowledge.