Indian Govt Planning Ban on Crypto

[jack_jack]

current govt even banning tik tok .. there is nothing new in it they ban any thing that they dont like

[savioroshan]

This is really a bad news for Indian crypto users. Lets hope the government wont ban crypto in India.

[endlasuresh]

current govt even banning tik tok .. there is nothing new in it they ban any thing that they dont like

Do you like to spoil kids life? how many are playing PUBG?
Tiktok is a time waste for youngsters.
May be after election we can see if Bitcoin gets legal.

[savioroshan]

current govt even banning tik tok .. there is nothing new in it they ban any thing that they dont like

Do you like to spoil kids life? how many are playing PUBG?
Tiktok is a time waste for youngsters.
May be after election we can see if Bitcoin gets legal.

I think congress wont ban bitcoin if they come to power but if its BJP, then definitely they will ban crypto.

[SaShiRaJaVu]

Do you like to spoil kids life? how many are playing PUBG?
Tiktok is a time waste for youngsters.
May be after election we can see if Bitcoin gets legal.

It is better to be someone spending time playing those rather than doing something illegal, yes it might be bad for the generation if they are not using the technology wisely, that can be said about everything not just these platforms.

I think congress wont ban bitcoin if they come to power but if its BJP, then definitely they will ban crypto.

The exit poll shows that NDA might come back to power which is not a great thing if you are looking at harmony, these exit polls might not be always true and the UPA was not even a strong opposition to make any changes to the current structure.
I have not seen a legit knowledgeable person in NDA who has a progressive thinking to take the country to the next level, all i hear is how you can differentiate people when it comes to religion.

[legendster]

The exit poll shows that NDA might come back to power which is not a great thing if you are looking at harmony, these exit polls might not be always true and the UPA was not even a strong opposition to make any changes to the current structure.
I have not seen a legit knowledgeable person in NDA who has a progressive thinking to take the country to the next level, all i hear is how you can differentiate people when it comes to religion.

You say that but you are wearing a saffron signature.

 

But that's true, just look at the turmoil here in bengal, bjp has successfully polarized people enough that people resorted to violence and grenades yesterday. That kind of shit is okay for a place like Venezuela, but when shit hits the fan right under your nose like this - it is only then when you realize what kind of communal fire this BJP / NDA is stoking.

Shame on modi!

current govt even banning tik tok .. there is nothing new in it they ban any thing that they dont like

Do you like to spoil kids life? how many are playing PUBG?

Judging by that, you two are a complete waste of time as well. Your parents should have used condoms.

[sujonali1819]

current govt even banning tik tok .. there is nothing new in it they ban any thing that they dont like

Personally  I think tiktok ban was right things because  it has no need for the society but on the other hand people wasting their time on it very much.

Sorry for the word. I said it because I heard that some people were suicide and suffered police harassment for the tiktok. So I told the word. If I made any mistake really sorry for that.

And yea government can do anything what they want and people are bound to accept it.

Really I also don't support  when government take any decision without thinking about people opinion. But when Gov take any decision we became quite helpless and we have not do anything against Gov. For that I told this buddy.

[SaShiRaJaVu]

You say that but you are wearing a saffron signature.
 

After the exit polls thought of wearing the saffron signature so that they do not attack me for not supporting them .

But that's true, just look at the turmoil here in bengal, bjp has successfully polarized people enough that people resorted to violence and grenades yesterday. That kind of shit is okay for a place like Venezuela, but when shit hits the fan right under your nose like this - it is only then when you realize what kind of communal fire this BJP / NDA is stoking.

Shame on modi!

When they came to power i thought we could really see some changes on the positive side and lift India to the future, they advertised really well and they never talked about religion when they were looking for support to get into power and they acted they really had a vision to move India forward from the corrupt government we had during that time, but after getting into power, they just followed what the UPA government was following and then communal violence and others started popping up and all the promise they said never fulfilled and they just took the growth a decade back.
I really hope the exit polls are wrong.

[eaLiTy]

Personally  I think tiktok ban was right things because  it has no need for the society but on the other hand people wasting their time on it very much.

No one can dictate what anyone should do in a democracy if it is not breaking any law, if you start banning things that you have an opinion that it is not good for the society, then there are a ton of things that should be banned, for argument sake what benefit does the movie industry gives you other than the entertainment part, would you opt for a ban because it spoils kids and students, if i come up with that argument will you accept it  .

And yea government can do anything what they want and people are bound to accept it.

In a democracy the people have the ultimate power, show your power during election time and every single vote counts.

But that's true, just look at the turmoil here in bengal, bjp has successfully polarized people enough that people resorted to violence and grenades yesterday. That kind of shit is okay for a place like Venezuela, but when shit hits the fan right under your nose like this - it is only then when you realize what kind of communal fire this BJP / NDA is stoking.

Shame on modi!

This is the case in majority of the place in India, they spread hate and violence against each other for their vote bank and it is true, until some shit hit us, we will see them as news and forget the next day and that is the biggest problem.

[legendster]

current govt even banning tik tok .. there is nothing new in it they ban any thing that they dont like

Personally  I think tiktok ban was right things because  it has no need for the society but on the other hand people wasting their time on it very much.

What the fuck are you talking about?
Why should this app be banned? Do you have any idea how revolutionary this app has been in the Indian mobile market? People that didn't understand the concept of the internet were buying mobile phones with a camera just to share videos of themselves lypsyncing to their fav. bollywood tunes.

Your statement "It has no need for the society" is just as wrong in thought as it is in sentence construction & grammar.

And yea government can do anything what they want and people are bound to accept it.

Fuck no!

Government is made by the people and for the people, they are not rulers.

Get some help dude. Your viewpoints are as skewed as Modi's finger in a jar full of Kingfisher money.

[vennali]

current govt even banning tik tok .. there is nothing new in it they ban any thing that they dont like

Personally  I think tiktok ban was right things because  it has no need for the society but on the other hand people wasting their time on it very much.

And yea government can do anything what they want and people are bound to accept it.

Can't get enough of a laugh out this as well.
The time of the people doesn't belong to the government. People should be free to do what they want. I believe this ban was revoked and so was the one on pubg in Gujarat.

[sunilnagaraja1996]

Still Indian government didn't announce officially and didn't update any new news about crypto banning so I think it will take long time.

[SaShiRaJaVu]

Still Indian government didn't announce officially and didn't update any new news about crypto banning so I think it will take long time.

There are a lot of promising news coming up from India, i am not sure whether the government will see those and make any decisions as they are loosing the opportunity to make India to have a competitive market space when it comes to the world market in the virtual market as majority will be shutting their doors and looking elsewhere that favors these innovative start ups.

Tech lobby urges central bank to favor bitcoin start ups
The article looks promising but whether it will make any changes is another question.

[avikz]

Still Indian government didn't announce officially and didn't update any new news about crypto banning so I think it will take long time.

There are a lot of promising news coming up from India, i am not sure whether the government will see those and make any decisions as they are loosing the opportunity to make India to have a competitive market space when it comes to the world market in the virtual market as majority will be shutting their doors and looking elsewhere that favors these innovative start ups.

Tech lobby urges central bank to favor bitcoin start ups
The article looks promising but whether it will make any changes is another question.

Can you please summarize what good news are coming up from India?

I don't see any good news coming from India that can cheer up the Indian crypto community. While India is not against the blockchain development, but turning a blind eye for cryptocurrencies. Ministers and economists are even categorizing it as a ponzi scheme!

RBI had thrown out cryptocurrency related business from their regulatory sandbox. Finance Ministry has no clue what cryptocurrency is and people are more interested in building Ram Mandir!

So I reiterate,
NO GOOD NEWS IS COMING FROM INDIA THAT CAN CHEER INDIAN CRYPTO ENTHUSIASTS!!

[D1v4c]

India is a country that can benefit a lot from cryptocurrencies, but the country's central bank has sought to end all trading activities. It also prevents smaller local banks from doing business with cryptocurrency companies. This has greatly hindered the innovation and technological development of the country.

[baristor]

Guys came upon this disturbing news article... What do you think ?

https://www.moneycontrol.com/eye-on-india/videos/eye-on-india-performance-of-infrastructure-sector-3896371.html

[playboy654]

Guys came upon this disturbing news article... What do you think ?

https://www.moneycontrol.com/eye-on-india/videos/eye-on-india-performance-of-infrastructure-sector-3896371.html

Its about the election right? There is no description or title related to crypto so I am not bothered to click the video anymore.

[gullu]

https://economictimes.indiatimes.com/news/economy/finance/draft-law-proposes-10-year-jail-term-for-dealing-in-cryptocurrency/articleshow/69693984.cms

Guys , did anyone read this? Indian government is going to impose 10 years jail for holding , mining or trading in cryptocurrencies. This is not fair.

[playboy654]

https://economictimes.indiatimes.com/news/economy/finance/draft-law-proposes-10-year-jail-term-for-dealing-in-cryptocurrency/articleshow/69693984.cms

Guys , did anyone read this? Indian government is going to impose 10 years jail for holding , mining or trading in cryptocurrencies. This is not fair.

Its just a proposal,but there is no official related thing released related to this news.

So until now you can do whatever you want in India with crypto currencies.

[gullu]

https://economictimes.indiatimes.com/news/economy/finance/draft-law-proposes-10-year-jail-term-for-dealing-in-cryptocurrency/articleshow/69693984.cms

Guys , did anyone read this? Indian government is going to impose 10 years jail for holding , mining or trading in cryptocurrencies. This is not fair.

Its just a proposal,but there is no official related thing released related to this news.

So until now you can do whatever you want in India with crypto currencies.

Yeah I know that its just a proposal. But just imagine, one fine morning when you get up from bed and find this news in the headlines of the newspaper then what will you do. How will you dispose your crypto assests in a short span of time? Anything can happen in our country. Do you remember how government announced demonetisation of 500 and 1000 rs notes ,all of a sudden?