Quote from: Deepakkumar9 on Today at 10:04:51 AM

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

One good news from this article of : https://cointelegraph.com/news/tim-draper-wants-to-invest-in-the-coming-crypto-renaissance-in-india

Quote

Billionaire investor and the winner of thousands of Bitcoins (BTC) in the Federal Bureau of Investigation’s 2014 Silk Road auctions, Tim Draper, has set his sights on India’s nascent cryptocurrency industry.

On March 22, the venture capitalist tweeted that the Supreme Court’s recent reversal of the Reserve Bank of India’s (RBI) ban on banks providing financial services to crypto companies will drive a “renaissance” for the country’s cryptocurrency sector.

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

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

I am from India and as you said india is 2nd biggest country in poplulation but the thing is almost 98% people in india don't know about cryptocurrency in rurel area they will not even belive about it , so i do not think it will put any big diffrence

I think this is a good way to start for India to engage in cryptocurrency, having almost 98% of population who are ignorant about cryptocurrency is not a hindrance for them to achieve mass adoption. The only thing that they should do is to become courageous to achieve development in promotion of cryptocurrency if they really want it. They have a huge population and I believe that it is easy for them to spread the good information and benefits of using cryptocurrency in their community and economy. The Supreme Court should really push this issue and crypto companies should keep on making changes so that people will trust the process of cryptocurrency.