Re: Bitcoin Ban Means India Will Get More Corrupt Under Modi

Quote from: Subal_Damudar on November 06, 2019, 09:56:11 PM

Tell Modi that Bitcoin came out of a Cow. He will accept it. Or give lecture in some temple that Cow milk contains hashes of Blockchain data. People will drink that up like tea..
Sad thing.. our India may be free our mindset are not..

Much funny, enjoy the member rank Wink

Quote from: avikz on November 10, 2019, 03:52:37 PM

Banking ban is still in force mate! So in a way, bitcoin or another crypto trading is banned in India! But does that mean, people have stopped using that? Not at all, p2p tradings are ongoing in full force and people are making good amount of profit from it. So alternative method is already there! In the meantime, Indian government is loosing on taxes and job opportunities big time!

No legality can stop bitcoin and its trading. If method A is banned, people will be using method B! There's always a contingency plan available in the world of blockchain!

I don't think it's anymore the same now, as it was. If you are not having co-operation from banks, it's very much tough to get p2p trading for bigger amounts of exchange. In fact, it's not possible in most of the cases. With Bank, we could have it more easier.
I'm not exchanging much though, looking towards the future- an India with a lot of Bitcoin ATM in all of its Region. All the shops accepting BTC with LN networks. Well, we will have it.