India looking to Re-ban Bitcoin

[Lizzie_Girl]

Who the hell cares? We don't live there. They idiots anyway. The Indian government should worry about feeding their people instead of being stupid. Countries like India are where crypto will help the most.
If they are afraid it just means we are getting stringer and are a threat to them. I would love to see people just allowing themselves to be arrested for crypto trading. I'm trading crypto wtf you gonna do about it? 

[gatti]

Looks like is India is going full circle and trying to ban Bitcoin  again after the supreme court over ruled the previous ruling by central bank of india in March.

They also seem to be taking the blockchain good bitcoin bad argument. Some governments just don't know when to stop.

Im guessing they will be another battle in the supreme court which will carry on for another 2-3 years ridiculous.

Source :
https://www.bloomberg.com/news/articles/2020-09-15/india-plans-to-introduce-law-to-ban-trading-in-cryptocurrency?srnd=premium-asia

This is not seems to be accepted one. At first bitcoin was neutral one in India.Some of people secretly inverse on bitcoin.In this year, I had read some news positive movement by India of bitcoin and crypto currency .So I thought,it will increase the bitcoin price.So I can't accept your words fully.

[Oceat]

Who the hell cares? We don't live there. They idiots anyway. The Indian government should worry about feeding their people instead of being stupid. Countries like India are where crypto will help the most.
If they are afraid it just means we are getting stringer and are a threat to them. I would love to see people just allowing themselves to be arrested for crypto trading. I'm trading crypto wtf you gonna do about it? 

I really don't know what the Indian government is thinking for banning the crypto trading again. There's a rumor circulating around that the Indian government might want to make their own crypto currency so that they can control the people who are trading. This should be a centralized exchange where they only allowed their own crypto currency to be use by the people but I highly doubt it if people would follow their government project.

[bryant.coleman]

I really don't know what the Indian government is thinking for banning the crypto trading again. There's a rumor circulating around that the Indian government might want to make their own crypto currency so that they can control the people who are trading. This should be a centralized exchange where they only allowed their own crypto currency to be use by the people but I highly doubt it if people would follow their government project.

These are just unsubstantiated rumors. Check my previous post in this thread. No bill related to cryptocurrency is scheduled for discussion during this year's parliament session. Every now and then, some people want to spread FUD and will make rumors such as this one. If they are to be believed, India has banned Bitcoin dozens of times already. Don't fall in to this trap, and I am sure that India is not going to ban BTC for another 4-5 years.