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Author Topic: India on Bitcoin: Will the Newly Elected Indian Government Pass Crypto-Friendly  (Read 602 times)
killat
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June 10, 2019, 06:08:38 AM
 #61

Why do you think digital money could end poverty ?
I don't understand this kind of thinking.

The world has limited resources and if you pay them via paper money or digital money there won't be any diffrence in the limitation.

I totally agree it's stupid to ban crypto in India, but this country has a lot of much more priorities to take care of.

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fitzhgu
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June 13, 2019, 05:58:42 AM
 #62

Unfortunately for startups in India now is not the best time. The government and ordinary people were misinformed when it was reported that investors who owned, bought or sold cryptocurrency would be put in prison. People are easily suggestible and often believe especially in negative news.
kreatge
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June 13, 2019, 06:02:32 AM
 #63

Unfortunately for startups in India now is not the best time. The government and ordinary people were misinformed when it was reported that investors who owned, bought or sold cryptocurrency would be put in prison. People are easily suggestible and often believe especially in negative news.
News for the crypto community is the leading tool for analysts, traders and just enthusiasts. It is not true that it spreads better, especially when it comes to such an innovative area as the cryptocurrency. I understand that there are many fraudsters in the industry who launder money, but it is not worthwhile to restrict the entire market. After all, this new area of startups can bring many benefits to the country
dlanruei21
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June 13, 2019, 06:16:26 AM
 #64

The government will not deny both the risks of cryptocurrency and the great advantages of blockchain technologies. It is not beneficial to abandon startups in the field of cryptography, when it gives a plus to the development of the economy. However, the problem of lack of public awareness on the topic of cryptocurrency can be misleading. That is why you should take the time to use such free platforms as taklimakan to get relevant information from the crypto industry, but the main thing is to get knowledge about crypto investing.
lucyfermornin
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June 13, 2019, 06:29:55 AM
 #65

The government will not deny both the risks of cryptocurrency and the great advantages of blockchain technologies. It is not beneficial to abandon startups in the field of cryptography, when it gives a plus to the development of the economy. However, the problem of lack of public awareness on the topic of cryptocurrency can be misleading. That is why you should take the time to use such free platforms as taklimakan to get relevant information from the crypto industry, but the main thing is to get knowledge about crypto investing.
Yes, knowledge is crucial. The inexperience of traders often makes them make mistakes, which can be avoided by studying financial theory. For people who have not previously been familiar with cryptocurrencies, the lack of reliable sources becomes a limitation. Although they could get much more than financial literacy, they could also improve their real income.
gustavung
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June 13, 2019, 06:35:13 AM
 #66

It is possible to create fake news about cryptocurrency in the country are made specifically to manipulate the market. Cryptocurrencies also do not have a very stable system, everything is subject to the mood of people.
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