Quote from: eaLiTy on March 23, 2020, 08:13:52 AM

Quote from: Sanitough on March 23, 2020, 03:57:52 AM

India as the 2nd biggest in terms of population, being positive with crypto might do something positive in with their economy in the future.

To have a positive impact on the economy the government has to have clarity on their stance and if you take a look at the present governance there is nothing positive to expect that as there is resistance after resistance for entrepreneurs first in the form of demonetization and then GST.

Quote from: Sanitough on March 23, 2020, 03:57:52 AM

What do you see years from now that India will achieve due to this declaration of lifting the ban of cryptocurrency?

The ban is lifted because people were fighting against the RBI regulation which forced the exchanges to close their doors and it took two years to get justice and imagine the loss these companies had to encounter during that period and considering the political system is not in favor you need to have a calculated risk while investment in India.

India does have the technical talents and there are many IT hubs in India and in the future we will see many promising projects in the blockchain market.

Then maybe this is the beginning where crypto will grow in India, people are fighting for it as you said, so an adoption will not be hard to achieve.
What India needs is just to accept investors and create a clear regulation on crypto in the country so investors would fee safe investing their money.

I can feel this is just the beginning and India will be one of the country that will be competitive in terms of crypto adoption.