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Bitcoin Discussion
Re: Could India push bitcoin to the MOON ?
by
CryptoGamblingSites
on
17/07/2018, 06:25:04 UTC
Quote from: cryptowaltz on July 16, 2018, 04:30:05 PM
With RBI reversing its crypto ban in India or changing statements to consider it as a commodity, do you guys think India could push the price to the moon ?
This is the bank that removed the largest rupee notes overnight in 2016
https://www.bbc.com/news/business-37906742
Since people in India don't trust banks, they'll just keep buying bitcoin discretely while the Rupee loses more value.
Indians have tons of methods that don't require banks, when more options become available we'll update this:
https://www.cryptogamblingsites.com/country-guides/india-crypto-currency/