Maybe we should make a Q/A form Benson with what info (answers) should be given to authorities based on the questions they asked from Mahin and coin monk. Could come handy to BIG coin holders and miners here in India, in case of a random raid.

@Coin Monk: I can bet you, Indian government will never give a statement like "Bitcoin can be freely accepted by merchants in India" etc. positive things like that, you get the point. Bitcoin is designed in a way that if it gets mainstream, it will take power away from the central banks, it is much more bigger than just another money transfer method, currency or get rich quick thing. (It can even topple governments and lead to revolution)

There are two exceptions though:

1) If US passes a very positive statement about it, then India will follow their footsteps since Indian government is puppet and is driven by cash from capitalists...and it's impossible for these 70-80 yr old asses (yes asses) leading our country to understand such complicated stuff and make a judgement on their own.

2) India gets leaded by some party which believes in decentralization (obviously other than those BJP, Congress MFs) maybe AAP, dunno.