Post
Topic
Board Bitcoin Discussion
Re: Indian Govt thinks Bitcoin is a ponzi scheme
by
olamidey
on 03/05/2019, 16:57:40 UTC
Its quite sad, I have been using bitcoin for 3 years now but because of the crash, bitcoin has been labeled a ponzi scheme and there are plans to ban it in india Sad

https://coingape.com/indian-lawmakers-call-ban-bitcoin-cryptocurrency/
https://www.ccn.com/why-indias-bitcoin-ban-could-disappear-after-march-29-hearing


edit: Im Indian

See, it's not only in Indian that governments want to banned Bitcoin, lots of others countries are all battling the same despite the fact that a good number of their young people are deeply in to Cryptocurrency trading and mining. It may be difficult for them to understand bitcoin that cant be controlled, regulated being a universal currency and the fact that it goes up and down. Really it's a night mare for bank transactions with bitcoin or crypto as it's narratives