superstarbtc
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May 01, 2018, 01:05:13 PM |
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bitcoin should nt be banned in India we are third fastest growing economy in the world and fastest growing economy world is looking at us at this point of time banning bitcoin will create job losses and stop innovation
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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hdclover
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May 05, 2018, 06:51:35 PM |
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Indian government is not controlling the Bitcoin ecosystem. So that Cathy do anything other than banning INR/BTC pairs in exchange. Thus will open grey market in India just like China.
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Blah blah
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drmilind2004
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May 06, 2018, 01:31:32 PM
Last edit: May 08, 2018, 08:29:25 AM by drmilind2004 |
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Bitcoin is a spin-off from the global financial system. Moreover, it can be particularly anonymous when desired, as opposed to its usual cover under the KYC umbrella. Both these features mean that while on the one hand its impossible to 'ban' an anonymous transaction, there are sufficient 'handles' for KYC based functionality to encourage some regulated operation.
Hence, these being 'early days yet' wait-and-watch seems to be the government policy. After all, in a sense, Bitcoin is just a kind of in-game currency; albeit, one that has bloated beyond recognition.
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shekhar0005
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May 07, 2018, 09:57:13 AM |
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Most of the people are not aware of digital currencies. They are just flowing with the flow. That's where fraudsters have managed to cheat people. Recently 1 person was arrested for cheating 2000cr worth of bitcoins.
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bitcoinzen
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May 13, 2018, 06:04:04 AM |
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Crypto Trading shouldn't be banned in india we can have regulation crypto trading give us lot of jobs and new employment opportunity and financial strength of the country
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Promipunit
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July 12, 2018, 12:16:51 PM |
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No, it shouldn't. BITCOIN is the best and the safest digital currency ,so it should not be ban in india.
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susila_bai
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July 12, 2018, 04:50:07 PM |
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The government banned or restricted bitcoin users from using through bank is the main reason what they are giving is that it is used mainly in money laundering and they are not able to control it. But even their are other commodity like gold and silver etc are also used in money laundering or in illegal activity but still they are allowed in the society. So it is more like government are not fully aware about bitcoin and its technology and just in fear started to restrict it by giving orders to bank through RBI to stop the traders account to use in crypto.
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Punit kumar
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July 16, 2018, 02:51:40 PM |
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No, not at all. We ban something which is harmful for the society as a whole. But Bitcoin does no harm to our society; rather it is giving us many advantages of less- cost, speedy transactions, transparency, etc.BITCOIN is the best and the safest digital currency ,so it should not be ban in india.
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Allaboutcryptos12
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July 21, 2018, 03:39:39 PM |
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if their is a ban of bitcoin in india the bitcoin lovers will flew to other nation where its legal. But their will be always a secondary option to use them.
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ELISIA │ Free, Instant Transactions!!! DAPPS!!!
The Blockchain Revolution Has Begun |
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snkiworld
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July 22, 2018, 07:20:10 AM |
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if their is a ban of bitcoin in india the bitcoin lovers will flew to other nation where its legal. But their will be always a secondary option to use them.
We can trade in international exchange easly,Localbitcoin to convert btc to fiat.Job done |
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snkiworld
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July 22, 2018, 07:22:35 AM |
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No, not at all. We ban something which is harmful for the society as a whole. But Bitcoin does no harm to our society; rather it is giving us many advantages of less- cost, speedy transactions, transparency, etc.BITCOIN is the best and the safest digital currency ,so it should not be ban in india.
and its a currency of future so baning it means we baning our future altogether.Our progress will tank |
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Vineeta2oct
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July 24, 2018, 01:06:16 PM |
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No, it shouldn't be banned in India or anywhere. Even if Govt bans it, people would find some other method to trade/invest in crypto.
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1NV3ST0NM3
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August 13, 2018, 06:38:18 AM |
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Should Bitcoin be banned in India?
If there ban to the Bitcoin in India, what would be the future of India?
Obviously, the people here would not want it to get banned in India. Cryptocurrency market is a great invention which needs support of the people and not bans. It can be used for further developments. People are also getting startups ideas due to cryptocurrencies. This industry has great potential. If India bans it, it is sure to regret its decision later. Moreover India is a land of major outsourcing work which receive great remittances from abroad if there will be a ban on bitcoin these remittances will also be hampered. |
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dgoswami12
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August 14, 2018, 05:17:28 PM |
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Should Bitcoin be banned in India?
If there ban to the Bitcoin in India, what would be the future of India?
Why do you think India should ban Bitcoin , and First thing what do you mean by bitcoin ban , the government can announce bitcoin as illegel tender , in that case if you trade in btc and get caught will have to pay some fine. But india never said that it will ban bitcoin , it is a developing country and trying to do all work digitally. This is the best chance to adopt Blockchain decentralized technology. Meanwhile RBI made a really bad decision to not collaborate the bank with Crypto - INR pair listed exchanges. |
Neutro ❱❱❱ More than a blockchain |
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boboshrish
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August 19, 2018, 06:57:55 AM |
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obviously indian gov't will not ban bitcoin in india. they are planning to regulate it and treat as commodity.
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Ayush rana
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August 21, 2018, 04:11:30 PM |
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Bitcoin will never be banned in India because Bitcoin is unstoppable and no one can control bitcoin transactions. As we have seen tension is ongoing from 5th july 2018 but i don't think indian govt. will ban crypto. I think they will come up with set regulation for traders and earn some taxes from crypto as well. Being a trader I will agree to pay Taxes from my capital gains like we do in stock market.
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slightmoon
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diceroll.xyz
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August 21, 2018, 09:50:51 PM |
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Bitcoin is really high risk investment and found many lose their money just don't have proper knowledge and many scammed by scammer. Big problem in India is the bunch of scams happen in the past in this field. Which make bad reputation of the crypto. It's better to instead of the banning Gov can limited those things and lookout for those scammers. After Bitcoin trend in the India many black money holders catch by Gov easy which they didn't well time of the demonetization. Just in favor of no ban on Bitcoin in India.
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snkiworld
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August 22, 2018, 02:18:42 AM |
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Bitcoin is really high risk investment and found many lose their money just don't have proper knowledge and many scammed by scammer. Big problem in India is the bunch of scams happen in the past in this field. Which make bad reputation of the crypto. It's better to instead of the banning Gov can limited those things and lookout for those scammers. After Bitcoin trend in the India many black money holders catch by Gov easy which they didn't well time of the demonetization. Just in favor of no ban on Bitcoin in India.
Banning is not a Good option.Yes lots of MLM running in the name of Cryptos,Peoples are scammed by scammers in all possible ways.Govt must create strict regulation policies and must take severe action against these scammer. |
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coinfunda
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August 25, 2018, 05:05:25 PM |
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Bitcoin should not be banned in india, But some regulation and awareness should be there so hat ppl cant invest in it blindly. Also there are many mlm schemes are working there., All are scams.
So country need to penalize there organizer so save ppl from getting scam.
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## NEVER SHARE YOUR PRIVATE KEYS || NEVER CLICK ON EMAIL LINKS|| NOT YOUR KEY, NOT YOUR CRYPTO ##
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Elli022
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October 16, 2018, 06:29:19 AM |
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No bitcoin is not banned in india, however it is not owned by govt. So no ban  |
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