Post
Topic
Board Bitcoin Discussion
Re: Indian Govt thinks Bitcoin is a ponzi scheme
by
ropyu1978
on 04/05/2019, 11:40:08 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


most of the countries in Asia crypto and bitcoin are illegal
I think it's very reasonable in some developing or poor countries that don't legalize or adopt bitcoin as an alternative transaction like in Japan.
this is the problem for countries in Asia that are not like Japan and Korea whose economies are more stable than other Asian countries.