After the recent developments in the world of cryptocurrencies especially bitcoins in specific we have come to see a drastic change in the mindset of people towards the adoption of cryptocurrencies and the potential it holds. For example a dealership in houston texas is accepting bitcoins as a means of payment for the purchase of Rolls Royce cars and a major store in Japan is accepting bitcoins. But amidst all this what about India what does India have to say about all this ?
Well it seems to me that India might be late to the party but I strongly do believe India will eventually adopt bitcoins and this is more likely to happen if the verdict of the supreme court is in the favour of cryptocurrecnies for which the verdict has been postponed to Setember 17th.
What do you guys feel about this ?
Personally I don't think bitcoin will be legal in india anytime in future because of the international relations which india have almost majority of the countries don't think bitcoin as the most legal way of transactions so since india has been on the safe side for many time so it's gonna do the same play which other countries like china, north korea , russia are playing .