Post
Topic
Board Bitcoin Discussion
Re: what is the main reason for india to ban cryptocurrency
by
rafi035
on 01/10/2018, 14:17:38 UTC
The government is just scared it will lose its grip on the control of money,inflation is high and fears more people  will convert their cash to bitcoins,draining bank accounts of monies.It all stems from ignorance anyway.
of course the Indian government has a strong enough reason that it might only be seen from the negative side so that the Indian government prohibits the presence of crypto currency in the country