~snip~
They really went too far, this is too much, this is the first country that considered holders of cryptocurrency as criminal offenders, and India is not even a communist just like North Korea, now people are afraid that other people will follow their lead, voters should not vote those who created this bill or law.
I don't think they are the first country. Few months ago there was a news that in Bangladesh they jailed 3 Bitcoin users to trade Bitcoin or something. I see in the South Asia/Asia, these crypto things are taking as a threat for the Government.
I heard those government puts their own interest over their citizens. May be they don't want their citizens to become free.
yeah, I read about it back in may. link:
https://www.thedailystar.net/backpage/news/police-arrest-3-cryptocurrency-dealers-1735429it is quite unfortunate that some countries are banning bitcoin but I understand where they are coming from and I think it is reasonable.
I for my self is just happy that my country is not doing this and one of our local bank is releasing a peso backed stable coin which means
they are accepting the idea of cryptocurrecy and I think it is a good news.