Post
Topic
Board Economics
Re: Cryptocurrencies have won with court in India – for how long?
by
clickerz
on 25/01/2020, 12:26:41 UTC
After a stressful and fearful trial at the Indian Supreme Court, India officially admitted that Bitcoins and other cryptographic assets are not illegal..

Read the full article on https://blocktoq.com/crypto-news/cryptocurrencies-have-won-with-court-in-india-for-how-long/
India is the second most populous country on the planet. If cryptocurrencies take root there, the demand for Bitcoin will grow many times, and therefore the price may increase. The fact that the Supreme court of India issued a verdict loyal to cryptocurrencies suggests that India wants to be a modern country.

True, this is a fresh start for India for bitcoin and other cryptocurrencies to be recognized and use every day without fear of being illegal. India is a huge population and a good way for any cryptocurrency to thrive, innovate and grow well. I hope this crypto will be utilized and create the opportunity  to uplift most of the underprivileged people of India.