A few hours ago the news came that Indian central bank known as RBI is banning all the banks from dealing with Cryptocurrency exchanges in India. India's stance over Cryptocurrency was not good. Today it's a black day in Indian Crypto history. People all over are signing petitions against govt and RBI. I always feel that if a government cannot understand a technology completely and bans it with out even try to control it is a bad government and people will not feel comfortably stay under it. India should come forward and adopt blockchain and cryptocurrency. I am going to sign a petition and we will discuss in my telegram group about what to do if government go against Indian crypto investors. The same happened in Israel and supreme Court gave decision in favor of Crypto investors.
Source : https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/04/05/indias-central-bank-bans-financial-firms-from-dealing-with-cryptocurrency.html
Crypto should win over governments.
Previously, the same ban had occurred in China and other countries, but with so many similar cases, I had the suspicion that India would publish crypto-currency their version of the country, who at once became his "Single Coin" and got the full rights/support of the Indian government.