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Author Topic: Bitcoin Ban Means India Will Get More Corrupt Under Modi — Tim Draper  (Read 357 times)
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December 24, 2019, 05:36:18 PM
 #21

Its surprising & funny to see how a simple query related to Bitcoin banning & corruption turned to Modi bashing and cow Smiley

When a party have made themselves a laughing stock in front of the educated mass of India - this is what happens!

Quote
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!

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December 25, 2019, 04:34:33 AM
 #22

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!

I guess that when they have started diverging everyone's mind from the main topics like inflation and rapes to things like CAA and NCR, I think they have become so overactive that I believe the next number is going to be crypto's. They have been absorbing every single citizen of India and want us all to work like their slaves (yeah, fuck freedom, fuck Independence) and so, if some day they come up with a "perfect" law according to their mentality, to stop crypto, they'll do anything to mess up with our lives and not let us do what we want to do. This is why, rich gets richer and poor gets poorer in our country. Btw, Merry Christmas to everyone and a bump to this thread and the board too while I want to say - "ITNA SANNATA KYUN HAI, BHAI?"

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December 25, 2019, 01:02:44 PM
 #23

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!

I guess that when they have started diverging everyone's mind from the main topics like inflation and rapes to things like CAA and NCR, I think they have become so overactive that I believe the next number is going to be crypto's. They have been absorbing every single citizen of India and want us all to work like their slaves (yeah, fuck freedom, fuck Independence) and so, if some day they come up with a "perfect" law according to their mentality, to stop crypto, they'll do anything to mess up with our lives and not let us do what we want to do. This is why, rich gets richer and poor gets poorer in our country. Btw, Merry Christmas to everyone and a bump to this thread and the board too while I want to say - "ITNA SANNATA KYUN HAI, BHAI?"
I feel only they will target on cryptos to make things diverted from current issues like CAB and NCR when crypto community is huge enough to make the things go viral or else they will look for something else so as far now crypto community in India is safer hope it will continue until 2024.

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December 26, 2019, 05:12:52 PM
Merited by Heisenberg_Hunter (1)
 #24

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!

I guess that when they have started diverging everyone's mind from the main topics like inflation and rapes to things like CAA and NCR, I think they have become so overactive that I believe the next number is going to be crypto's. They have been absorbing every single citizen of India and want us all to work like their slaves (yeah, fuck freedom, fuck Independence) and so, if some day they come up with a "perfect" law according to their mentality, to stop crypto, they'll do anything to mess up with our lives and not let us do what we want to do. This is why, rich gets richer and poor gets poorer in our country. Btw, Merry Christmas to everyone and a bump to this thread and the board too while I want to say - "ITNA SANNATA KYUN HAI, BHAI?"
I feel only they will target on cryptos to make things diverted from current issues like CAB and NCR when crypto community is huge enough to make the things go viral or else they will look for something else so as far now crypto community in India is safer hope it will continue until 2024.

I doubt! Crypto community in India has not yet became so big which can be used to divert from the nationwide issues like NRC! In these issues like CAA and NRC, billions of people are affected, especially the Muslim community who are the primary target of such discriminatory act!

We are only safer, till the time crypto matter stays as a lowest priority issues in the government's list of agenda! I don't really expect anything positive from this current government leveraging through divide and rule politics!

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December 27, 2019, 01:54:07 PM
Merited by Heisenberg_Hunter (1)
 #25

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!

I guess that when they have started diverging everyone's mind from the main topics like inflation and rapes to things like CAA and NCR, I think they have become so overactive that I believe the next number is going to be crypto's. They have been absorbing every single citizen of India and want us all to work like their slaves (yeah, fuck freedom, fuck Independence) and so, if some day they come up with a "perfect" law according to their mentality, to stop crypto, they'll do anything to mess up with our lives and not let us do what we want to do. This is why, rich gets richer and poor gets poorer in our country. Btw, Merry Christmas to everyone and a bump to this thread and the board too while I want to say - "ITNA SANNATA KYUN HAI, BHAI?"
I feel only they will target on cryptos to make things diverted from current issues like CAB and NCR when crypto community is huge enough to make the things go viral or else they will look for something else so as far now crypto community in India is safer hope it will continue until 2024.
The CAA and NCR has become major issues in India and it cannot be compared with regulatory issues of Crypto which is already undergoing hearing from the past 3 years.
Crypto is not even in the bottom of the list in India's list of major issues in the nation.
Bitcoin is meant to stop corruption in an indirect way and the Indian government is so corrupt that it will never let a technology destroy all their black money.
They will probably do anything to stop crypto evolve in India or will find a way to get black money from crypto as well.



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December 28, 2019, 04:09:48 PM
 #26

I feel only they will target on cryptos to make things diverted from current issues like CAB and NCR when crypto community is huge enough to make the things go viral or else they will look for something else so as far now crypto community in India is safer hope it will continue until 2024.
We are not having a huge community so that we will have a nation wide attention if they come up with something, they only look for high value target that could grab the national attention and as avikz pointed out they will come up with something that could attract the attention of the people, during the last election they grabbed the attention with the attack against military and if you look at the timing of events everything is fishy as they had no other option to win another election and then after that they diverted the attention to patriotism and now they are doing something that will divert the attention so that the real issues are not discussed.
Politics is a circus and i can be the witness and cannot do anything about it and that is the saddest part.
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January 04, 2020, 12:36:42 AM
 #27

It doesn't matter if modi govt block btc or not , we have admit one thing that we still live in black economy and political parties are corrupt so banning crypto hardly change anything but i thing crypto will not be banned bcz major money house are involved in crypto investment and it will huge blow to them. Secondary if the govt wants to ban crypto they would have done it during rbi restrictions.
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January 04, 2020, 02:55:31 PM
Merited by avikz (2)
 #28

It doesn't matter if modi govt block btc or not , we have admit one thing that we still live in black economy and political parties are corrupt so banning crypto hardly change anything but i thing crypto will not be banned bcz major money house are involved in crypto investment and it will huge blow to them. Secondary if the govt wants to ban crypto they would have done it during rbi restrictions.
Modi government is really focused on dividing people now rather than enriching the economy and will not do anything good and hence i do not expect them to do anything substantial that will help anyone and even if the matter reaches the court the court will keep on extending the hearing so that people who wants a fair trail will also get tired and leave everything and as a general investor i already lost my patience seeing all the delays from the Supreme court.
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