Quote from: tomahawk9 on June 09, 2019, 11:01:44 PM

Quote from: Theb on June 09, 2019, 05:57:26 PM

If I were a citizen in India I would ask for the Indian crypto industry to unite from investors and miners to crypto exchanges and form a protest against this unfair bill, a voice that can be heard is something that will get their attention especially when the election time comes.

Hmm, I don't see any of them going to the street to protest, especially knowing how [some aspects of] the cryptosphere works (very low-key, privacy, anonymity, etc), and the general public probably doesn't care about such thing, hell, they'll probably waiting anxiously for the upcoming centralized digital currency from the govt. Something has to be done, but I don't think protesting is one of the options the indian crypto community will go for.

https://cointelegraph.com/news/indian-street-protests-for-cryptocurrency

But I think it did more harm than good for them. And yes it looks like they have plans for their own crypto, hence the sudden and unexpected ban coming from them. I'm sure this will have a drastic impact, or it could be one reason why the price in the last couple of days have plummeted to $7k'ish levels.