Post
Topic
Board India
Re: India may ban Bitcoin
by
djbabu
on 01/03/2018, 04:36:22 UTC
If INDIA will ban BITCOIN Then why RELIANCE and Sahara is planning for cryptocurrency
They will not make this legal, they can only stop people for doing any transaction in BTC

No security is provided if any fraud will be done using BTC in INDIA

Before making any comment , first understand the difference between bitcoin & block-chain

Blockchain provide a way where you can keep record and can not be altered easily .

Bit coin is sample app which is used demonstrate the use of blockchain.

You can either treat as currency if someone is willing to pay else its just a value .

Jio is making solution with bitcoin they can call it as coin but its not a currency .

Its like porno is legal in india but child pornography is illegal , but police use that law for normal pornography and try to make money from common people.

Block chain is legal in whole world but implementation are banned.