So ultimately everything boils down to paying taxes or not. And yet, there is a huge economy working within the country that works on cash - completely undocumented, and yet no one is worried about it. Even the local chatwala, samosa wala, chaiwala - earns Rs 2k a day to 5k a day (guess their monthly income? ) selling stuff on the road side - all cash transaction, no records - no taxes and everything is fine. And yet, someone uses crypto to transfer money to their families - and taxes becomes an issue.