Post
Topic
Board India
Re: Why Arun jaitley ji, Modi ji and RBI has no idea about what they are talking!
by
Clement Kaliyar
on 09/04/2018, 23:57:10 UTC
because blockchain cannot exist without a token, because you need a token with value to reward the miners who secure the network. its like shiva and shakthi...one cannot exist without the other.
It is possible to have a blockchain without a token, you just need to fund for the hardware to run the blockchain, so this is not entirely true but one thing i can tell is that they have no idea what they are talking about and i am yet to see what the situation will be because of the RBI's statement about holding the entire market. I hope we will see a reversal in their statement in the future.