[DEBATE]: Cryptocurrency investment related on India facing threat for ban

[el kaka22]

You can't really "ban" bitcoin in any country ever, you can make it illegal but that doesn't stop people from using it. Ban means you ban something and it can't be done, for example if you get banned from a twitch chat that means you can't write anything there, but if something is illegal that means you can still do it but you are going against the law while doing it. That is why India could make it illegal but can't ban it.

Indians would still continue using it the way they can, they could use international airport laws where they can cash out their money and would be in international law so it wouldn't matter, they could just drive to another country for a while and come back quickly and do their business there, use any bank that is foreign and many other options.

[redsun114]

I wonder how such law will be enforced if indeed it is true. Are phones and other internet devices going to be searched? Or will they monitor internet traffic for cryptocurrency transactions? I read months ago that people still use cryptocurrencies in China despite government stance on them. If things can be that difficult for Chinese government to handle, wonder how India will cope with its little internet censorship.

It makes me wonder too brother, with the population that they have and the highly and smart intelligent guys that are in India, I really wonder how they really intend to achieve this, they will have to put a whole lot of young ones in the prison for this, because one of the country that is keeping cryptocurrency very active is Indian citizens, their engagement in cryptocurrency has been really amazing that the cryptocurrency world can really not do without them and they have also made so much input into the development of the system.

It will be very much difficult to actually implement this policy if the government really knows what they are doing, and they need to be careful in making a decision that they might regret in the future when cryptocurrency eventually becomes worldly recognized.