Quote from: ckoeber on October 29, 2018, 11:33:39 AM

Quote from: Ghebung Masam on October 27, 2018, 06:02:17 AM

what is the situation about crypto there? because I heard that India's central bank doesn't like crypto and has an impact on crypto bans by the Indian government, is that true?

Not Really. Govt. of India has said, cryptocurrencies are not legal tender in India and they working on its regulations. They have setup a committee in to build a roadmap on how it can be adopted eventually.

Moreover, Indian States have already started adopting Blockchain Technologies in bureaucracy. We are seeing a positive stride towards its full time adoption. However it has put a caution to Investors to avoid falling prey to pump and dump schemes

If bitcoin even after 10 years is not considered as a legitimate alternative to payment means, then no adoption is out of the question. Blockchain technology is not the same as cryptocurrency. I'm even sure that a blockchain without a reward can't be truly decentralized.