Future of Bitcoin in India

[DavidNiva]

No people in this world can stop bitcoin, it is here to stay and the digital currency is the future. The sooner the governments all over the world realize it the better for them. Cryptocurrency can be very beneficial for the economy for a country, so the governments don't want to miss this opportunity.

the Indian government must have started analyzing bitcoin, they think about the profit and loss if the state legalizes bitcoin, but we can predict that not too long the Indian government will facilitate the krypto traders, see a very fast world trade and crypto progress that cannot be prevented, then the Indian government must follow the flow of reform in the payment system, and must begin to open up to crypto.

[smartbitcoininvestor]

Those in India may need to leave the country and make investments offshore in places like Dubai or the United Kingdom. Even though it is somewhat restricted I think India can make great strides in improving its usage around the world.

[Jocuserious]

I' hope no have anyone people want to stop buy/sale Bitcoin ( degital crypto) but we know many countries government do not accepted Bitcoin. Actually I can't understand fully why there countries government want to stop. I think maybe bank support statement problems and government people can not contorl of the bitcoin.maybe I'm not sure about think..

[libert19]

Right now hearing is delayed (again!) to jan 15, 2019. We can expect more delays and I assume they will take negative stance.

[Tahir460pk]

Future of bitcoin in india very bright because alot of bitcoin users and investors are there whom are much working and making more ways of earning in this platform if the government gave him a free hand than must br higher.

[dupee419]

Right now hearing is delayed (again!) to jan 15, 2019. We can expect more delays and I assume they will take negative stance.

This is kinda sad, especially for the Indians that are looking forward to fully engage in cryptocurrencies since the Government would finally take their final decision, but the problem is that the hearing is always being moved to another date, though I wish they would realize that having BTC in their country is a big help, India is a country that people are heavily relying on technology and I think that with Bitcoin being introduced there then the citizens of India would also take this as an advantage since they are very good at handling technology.

[blocklancer8]

Sad to see what happened in India today, seeing that bitcoin was widely adopted there but eventually the government banned it. Just hope the government will review this bitcoin so that it can be used again reliably.