I just found this Interesting Article which cites the amount of Loss India will suffice if the Government Imposes a Blanket Ban on Cryptocurrencies and this is pretty interesting Indeed. Now I knew it beforehand that if India Bans Cryptocurrencies there will most definitely be a lot of losses both in Monetary as well as Intellectual but I never expected the number to be this High.
According to the article, India might have to endure a loss of over 12 Billion USD which is a huge number to be thrown out. I was already against the Ban of Cryptocurrencies in India and now I am happy to even double up on my opinion right now. I hope the Indian Government wakes up and sees what an opportunity they are trying to squander.
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