Post
Topic
Board Economics
Re: Economy of India in 2021
by
avikz
on 14/12/2020, 05:52:54 UTC
Investment of digital currency will increase.
Government if India take any rool on digital currency exchange.

I read that trading Cryptocurrency in India is illegal, if they made a big turn around and made Cryptocurrency legal in their country, they have capable and good developers who can adopt and create projects related to Cryptocurrency and this can bring more jobs and revenues for the government of India.

No it's not illegal! India just doesn't have a law around cryptocurrencies, which makes it neither legal nor illegal. The leaders in Indian ministries are mostly old age people who doesn't have the brain to understand cryptocurrency because they come from a religious background where they are capable of plotting a riot but can't improve the financial condition of India. So the finance ministry is working on projects like Ram Mandir and Central Vista and simultaneously selling off government institutions to the big corporates!

The problem is that the current Indian government is trying to create a government like China where the opposition will cease to exist. I would say, the more the finance ministry will remain busy on their religious funding projects, we will be safe! If they start taking more interest on cryptocurrency, it will possibly be banned!