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?
There is no doubt that crypto has many use cases and benefits in real life. But to use crypto users need to have a device with an internet connection. India has one of the largest online marketplaces but it also has 700 Million people who are not connected with internet service.
India is not as developed as EU countries where everybody has access to the internet. So this may help some people from their country because many Indians are involved with crypto but a big number of them will not be benefited anyway.