id lagostino

lagostino

India's approach (even if they try to make it look better saying they are against fraud) is mainly a regulatory approach, to prevent people from circumvent taxes and financial limitations through digital methods, and also to prevent people from sending international payments using india's currency through methods other than banks.
Proof? PayPal, India made the restriction on PayPal making people JUST capable of withdrawing, not sending at all to anyone but just bank withdrawal, considering the VERY regulated nature of PayPal, I think this shows the real intention of India's government.

Bitcoin ATM's are a great way to enable us various ways to exchange USD and other currencies for BTC, it's true there are other cheaper ways, but it is way more to the demands for an anonymous non-exchanger based and in the same time with significantly less risk than Peer to Peer trades, which has a significant real life risk OR compromising anonymous nature by asking for ID like exchanges.

Regardless of the point of discussion, there are point which are NOT correct at all, for example, regarding fraud, Credit Cards fraud is something beyond belief, if you ever worked in a company accepting CC online you would know how much there is and there is no practical and easy way to avoid it (without annoying you customers), This fraud is even bigger than in BTC AND there is no confirmations, even if we do everything, the transaction can still get reversed after weeks.

I did not buy drugs neither am I interested in doing that, However I visited the darkweb and judging about how things look there I guess the process is really possible despite all the hindrances from shipping to use, anyway the website has review and regular vendors.