I just feel what the proud Bitcoin and crypto holders from India are feeling now.
But I doubt it will pass according to Pomp on Twitter, because they need to consult with the Rural Bank of India first. A higher chance that passing this law will be unlikely.
But I could be wrong. What are your thoughts about this one guys? Any feedback or opinion will be appreciated.
I'd love to see someone weigh in on this topic who actually knows how lawmaking works in India. Most of us are completely ignorant. As you said, this is just a proposal, not an actual law. While there is some bureaucratic support for the measure, I'm not sure that means passage is obviously going to happen.
Maybe Pompliano knows something we don't. Even if it does pass, he thinks it will drive adoption even more:
I highly doubt this will get passed, but if it does, it will have the opposite effect and actually drive adoption.