India is a rich country and most of them don't think of blockchain adoption because all they know is they don't need it. They would want regulation and manipulation so they don't want crypto adoption since it's decentralized.
Rich country? It is a developing country with a couple of crazy rich people who are a minority while the majority are either from the middle class or poor basically. Every country needs the blockchain tech while some accept crypto completely.
The Indian government at present is basically filled with fools who are basically scared of how crypto can affect their power which is why they outright banned it.
Most people in India are middle and lower classes. I think people in India love cryptocurrency very much, but they are held back by the government with the help of their resources.
I think they are held back by a lot more than cryptocurrency. You see if people can work and get paid crypto they might stop working for the country and rather working for other parties elsewhere in an online environment.
The fact is that the position regarding cryptocurrency in each country should be made up thanks to a strong civil society. Every government must do what its people want, and not vice versa. It turns out that the citizens of India will do everything as stated by the Indian government. Apparently the Indian society is not yet ready to use cryptocurrency, if they can not defend their right to use cryptocurrency.
Exactly! Since the people were the ones that voted them in in the first place. The problem is when personal agenda gets in the way and propganda is started and the weak fall prey to it.