Quote from: amishmanish on December 26, 2018, 05:16:15 AM

Glad that you summarized the points OP. Merited your post.

I agree that we have been seeing a tendency towards centralization under the present dispensation. Yet, Modi Govt seems to be drowning in its own hubris. It is always going to lead to disaster trying to centralize decision making in a country like India. The lat time someone tried, it resulted in the 1975 Emergency.

Of course decentralization in products and services could be an efficient way out. Theoretically, this is a great idea. What we really need is to find use cases and build products that can showcase its feasibility. For that to happen, we are going to need people to focus on products and contributing to the crypto-economy rather than seeing it as simply an investment. We all could start on our own, especially those who still are in their student phase.

Thanks for the feedback / merit. Completely agree with your points. Not sure if you heard about the recent speculation regarding the strict regulations being planned for cryptos in in India. If that is true, then i believe that it would be better embraced by the student communities when it is no longer perceived as something possibly "illegal". It would be a good start nonetheless.

South Korea / Japan / Venezuela / Malta all seem to have understood that well with their crypto regulations.

This 12 minute documentary on Malta is pretty insightful in that regard - https://www.youtube.com/watch?v=epK0FDL__-4