Indias Government Agencies Still Have Concerns About Bitcoin
Indian officials revealed last week that the countrys tax agency and investigation task force have concerns about money laundering and black market activities associated with bitcoin. Indias Special Investigation Team (SIT) is in the midst of drafting a report detailing problematic issues regarding the decentralized cryptocurrency.
What do you think?
I think is is something completely different from what is happening in China. Money laundry is a problem, not just for crypto, but for fiat as well, and I think that every country should do their best to stop it. This looks like a normal concern, and it doesn't mean that they will "start a fight" against crypto.
As for Russia, from what I've read I think they favor bitcoin as well.
All these rumors are sent only to disrupt the market in a tailspin and buy up cheap coins. China will never start a war first. The Chinese tactic to rake up the fire proxy. They will wait who wins, bitcoin or the dollar, and then you will be victorious in any case.