Its surprising & funny to see how a simple query related to Bitcoin banning & corruption turned to Modi bashing and cow
When a party have made themselves a laughing stock in front of the educated mass of India - this is what happens!
Since, its crypto forum, we tend to take ourselves too seriously and think bitocin/crypto is playing a large part when the reality is, it is far from anyone's mind whether government or general public. Government is least concerned about crypto - its just too small a thing to think about. In a country of the size of India, I feel there won't be more than 500,000 people who really understand crypto or actively trade/invest in it. When this is the scenario, I don't think there is not much correlation between corruption and banning bitcoin in India. There are much more bigger things/activities which leads to increase in corruption.
But as someone mentioned here, I agree the banking ban has lead to decrease in bitcoin/crypto trading in India. You just cannot compare it to P2P trading. I would appreciate if someone can share data how much difference it has made.
I agree to this point! The size of crypto community is too small to have an impact on the economy or even to the government, and that's good! Till the time this current regressive government doesn't bother about it, we are good! The moment they start thinking about it, we can only expect negative things!