Post
Topic
Board Bitcoin Discussion
Re: what is the main reason for india to ban cryptocurrency
by
5ensei
on 06/07/2018, 22:39:12 UTC
I think it is due to their fear of tax evasion. Recently they simply outlawed the use of one of their high denomination notes so there were huge queues of people at banks trying to convert their savings which they keep hidden at home. Bitcoin will make it easier to hide money