The article talks about facts! Let me summarize it for you all!
India is lossing opportunities big time as a lot of young business owners are still waiting for the regulatory uncertainties to go away! RBI and policy makers have already thrown away few good companies like zebpay, Unocoin from the economy and zebpay moved to Singapore to continue their business! So new entrepreneurs are not willing to take further risks during such uncertain times, rather they are considering foreign land to start their business and foreign exchanges are eating out a big chunk from the pie!
Not sue what is meant by Golden age by the author! It's no golden age, just dark times for crypto communities in India!
Yeah, seems like so many Indian nationals are going for opportunities outside of their country. I personally work in an international organization with lots of officers from India. They are dark times for India indeed but the article talks of an "incoming" golden age which may put an end to all this government bureaucracy.
Most probably, cryptocurrency will bring India to this golden age.
India is indeed a huge market for any thing but when it comes to crypto currency the government has neither banned crypto nor it will support but it's the banks who are threatening users to avoid bitcoin or crypto trading. Already many politicians and celebrities from India have invested into bitcoin so they cannot take firm stand against bitcoin ever. It's like a deadlock wherein as an organization the bankers and RBI don't want crypto influence in India but as an individual they are already involved in it. It will always be uncertain and I have seen so many India based crypto services provider moving out to Singapore as well as Estonia.