Biased Articles about Future of Cryptocurrency in India

Very recently some of the extreme news media in India started writing about future of Cryptocurrency; Saying that there will be no future for Cryptocurrency in India. This looks these news companies trying to spread biased information among crypto enthusiasts in the country.

They are saying... (BS info.)

• India's largest cryptocurrency exchange is closed so other options.
• Banks suspended bank accounts of crypto exchanges so they will suspend individuals accounts as well.
• Bitcoin price went down So there will be no future for Cryptocurrencies.
• Since, no official banking support available people should stay away from cryptocurrency.

The Truth...

• Cryptocurrency ban in India is only about doing exchange of crypto to fiat currency with involving of your bank account directly.
• There is no problem with Fiat to fiat transfer. So there will be no issue for Peer-to-peer transaction. That's fundamental rights to individuals to earn, hold and use of Fiat currency.
• As long as internet is available in India, cryptocurrency transaction by individuals is unstoppable.
• Since these kind of news coming out more people will start using the cryptocurrency. Again thanks to biased news companies.

So People from India should not worry about these kind of biased news and continue to use Cryptocurrencies without FUD.

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