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1  Local / India / Re: Effect on ICOs in INDIA, While RBI banning Crypto? on: June 22, 2018, 09:22:57 AM

They are not banning cryptocurrency, they are just killing the banking services for the exchanges and that's why some Indian exchanges are now starting Cryoto to Crypto trading which will ensure that crypto doesn't die in India.

If that is the case then how are we going to encash our crypto if we need the money? Surely no one would just invest their money and keep it invested forever.

You can use your crypto for P2P transactions i.e. you can sell it to someone else who wants to buy. That's the whole technology that is powering blockchain and the beauty is that you can use these crypto for regular transactions without any middlemen (here, the banks)
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