One good news from this article of :
https://cointelegraph.com/news/tim-draper-wants-to-invest-in-the-coming-crypto-renaissance-in-indiaBillionaire 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 don’t understand what the population of India has to do with any of it. Its all about economy of the country. Doesn’t matter how many people invest or how many people are entering into this market, the only thing that matters is how will something like blockchain and crypto assets make the economy of the country bloom.
India is being quite positive in terms of blockchain. It’s starting to implement blockchain technology in many fields and even the Prime Minister of the country Narendra Modi tweeted about the same. India will surely welcome crypto currencies and blockchain and gain technical advancement.