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RE: India Ban on Bitcoin | RBI Provides 3 Months to Everyone | My Views
I don't think any ban is of importance, @bunnychum.
The crypto system is already in place and functioning. India cannot isolate itself economically from the world.
So all this ban is just a ploy of the government to create control and earning for itself. I think.
It is never going to be black and white.
The Indian government gives the typical Indian nod. Neither yes , nor no . Take it as you want and find a way around ! 😎😁☕☕
I think RBI is coming up with its own INR based crypto, sooner than you think. @nehab
This would provide them with various options, keeping banking system away from decentralized crypto, Providing a Stable centralized crypto (INR) will help them analyze how much people are earning from Indian exchanges as they would be keeping a close eye on crypto-INR trading pairs.
Exactly what I meant.
I believe so too.
Once RBI has it's system in place, The bans will be modified !
It is all a game. Governance is always a game of control and power play.
What do you say, @bunnychum ?
You are spot on Nehab!