Post
Topic
Board Legal
Re: Will Bitcoin will be declare as legal or not ?
by
DOGE12321
on 20/06/2017, 23:11:42 UTC


Well here I would like to suggest everyone , whether he is Indian or not , just support Bitcoin  at www.mygov.in   resister your account and say about the Bitcoin .
And tell them that Bitcoin is a best option to destroy the system of the black money , because everything is open to see .


I have done so. My account is registered and I personally believe Bitcoin is a good option to rid the world of black money too. Because of its consensus system, it prevents the creation of new Bitcoin. This converts to a deflationary currency too. This can help with India's inflation and perhaps strengthen the economy. Maybe Bitcoin will be accepted soon. Once we make the Indian government aware of the advantages of Bitcoin, I presume that they would accept Bitcoin. I mean they have no reason not to. Bitcoin only provides advantages to them. But saying that, I don't think they would abolish fiat either.