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Author Topic: Proposed new law to jail Bitcoin holders, miners and sellers in India???  (Read 640 times)
puertorikosena
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June 28, 2019, 07:46:36 AM
 #61

It's rude and they're making Indian investors suffer because they're thinking that they could end fraudulent through that law. Even the punishment is too much. 10 years imprisonment because of just holding cryptocurrency and involving in blockchain technology is too harsh.
I think this is a vivid example of how an already outdated system resists progress and is afraid of losing power. It will take time before the world begins to adequately assess the prospects of the cryptocurrency market.
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June 28, 2019, 01:14:01 PM
 #62

It's very sad to read. It's bad enough that no one wants to understand before making such laws. You are right, people see only bad aspects in bitcoin and do not notice its advantages.
I heard that the development of cryptocurrency in India was very fast, maybe it was used by a handful of people to make FUDs etc. so that they could benefit from the media
in my opinion if there is no media involvement paid by people who have capital to take advantage of the situation, it is none other than that the use of cryptocurrency in India violates government regulations related to the currency in effect there

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