Bitcoin Forum

Local => India => Topic started by: libert19 on March 06, 2020, 03:28:01 PM



Title: [Video] SC Judgement analysis
Post by: libert19 on March 06, 2020, 03:28:01 PM
We all are rejoicing on crypto verdict but it is not as it appears to be, the one thing alarming is verdict covers the crypto businesses while if you are an individual trading in cryptocurrency you can't show them SC's verdict, and banks can still freeze your account.

https://m.youtube.com/watch?feature=youtu.be&v=OGt6Ez1LrC8

(All rights to Tanvi Ratna)

Your thoughts?


Title: Re: [Video] SC Judgement analysis
Post by: libert19 on March 07, 2020, 01:49:13 PM
No response? I am quite surprised


Title: Re: [Video] SC Judgement analysis
Post by: libert19 on March 08, 2020, 04:34:47 AM
I'm a newbie from Bihar and am still thinking of starting mining using a Bitmain S17, any suggestions??? 
I'm also quite intrigued by the SC Verdict, waiting for other's replies...


The electricity rate here is Rs.6.51 per unit so will it be feasible to start mining here using an S17 Unit??

Hi, please make your new thread using 'new topic' button.


Title: Re: [Video] SC Judgement analysis
Post by: Vikhy on March 08, 2020, 07:25:37 AM
We all are rejoicing on crypto verdict but it is not as it appears to be, the one thing alarming is verdict covers the crypto businesses while if you are an individual trading in cryptocurrency you can't show them SC's verdict, and banks can still freeze your account.

https://m.youtube.com/watch?feature=youtu.be&v=OGt6Ez1LrC8

(All rights to Tanvi Ratna)

Your thoughts?
I just watched this video and thought of posting it here as well.
imo The SC judgement is a temporary relief for Businesses. I don't think the Banks will bother too much with the user accounts. However in the Future when the legislative bill is passed, that's when it gets interesting to see which side the govt takes(ban or allow).