Bitcoin Forum
May 02, 2024, 05:43:16 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Why India government cannot beat the Bitcoin ecosystem?  (Read 50 times)
pakhitheboss (OP)
Hero Member
*****
Offline Offline

Activity: 2114
Merit: 774


Top Crypto Casino


View Profile WWW
March 29, 2023, 07:24:38 AM
Last edit: March 29, 2023, 08:38:51 AM by pakhitheboss
Merited by Heisenberg_Hunter (1)
 #1

At first they would offer free service. Next they would encourage us or force us to use the service. If that doesn't work they will start the emotional game that you are helping in the development of the nation. In the end when you form a habit to use the service they start charging you for it.

Any UPI transaction of more than INR 2000 will be charged 1.1% , starting 1st of April.

Source.

They wanted to digitalize India but they never disclosed the hidden agenda. Now some of you would say it for the cost maintaining the servers. Do you think such an excuse can be given by a Bitcoin miner? Another reason why government cannot beat the Bitcoin ecosystem is that there is nothing hidden and nor the ecosystem allows you to hide.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
1714628596
Hero Member
*
Offline Offline

Posts: 1714628596

View Profile Personal Message (Offline)

Ignore
1714628596
Reply with quote  #2

1714628596
Report to moderator
1714628596
Hero Member
*
Offline Offline

Posts: 1714628596

View Profile Personal Message (Offline)

Ignore
1714628596
Reply with quote  #2

1714628596
Report to moderator
"You Asked For Change, We Gave You Coins" -- casascius
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714628596
Hero Member
*
Offline Offline

Posts: 1714628596

View Profile Personal Message (Offline)

Ignore
1714628596
Reply with quote  #2

1714628596
Report to moderator
pawanjain
Hero Member
*****
Offline Offline

Activity: 2674
Merit: 713


Nothing lasts forever


View Profile
March 29, 2023, 03:15:54 PM
 #2

At first they would offer free service. Next they would encourage us or force us to use the service. If that doesn't work they will start the emotional game that you are helping in the development of the nation. In the end when you form a habit to use the service they start charging you for it.

Any UPI transaction of more than INR 2000 will be charged 1.1% , starting 1st of April.

Source.

They wanted to digitalize India but they never disclosed the hidden agenda. Now some of you would say it for the cost maintaining the servers. Do you think such an excuse can be given by a Bitcoin miner? Another reason why government cannot beat the Bitcoin ecosystem is that there is nothing hidden and nor the ecosystem allows you to hide.

It seems that the information was misleading and clarification has been provided by NPCI.
The 1.1% charges are applicable only to Prepaid Payment Instruments (PPI wallets).
There are no such charges for the customers and merchants and it will continue to remain free to use.

Source: https://www.moneycontrol.com/news/business/startup/bank-transactions-through-upi-continues-to-be-free-for-customers-and-merchants-npci-10331791.html

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
pakhitheboss (OP)
Hero Member
*****
Offline Offline

Activity: 2114
Merit: 774


Top Crypto Casino


View Profile WWW
March 30, 2023, 11:01:28 AM
Last edit: March 30, 2023, 11:43:07 AM by pakhitheboss
 #3

At first they would offer free service. Next they would encourage us or force us to use the service. If that doesn't work they will start the emotional game that you are helping in the development of the nation. In the end when you form a habit to use the service they start charging you for it.

Any UPI transaction of more than INR 2000 will be charged 1.1% , starting 1st of April.

Source.

They wanted to digitalize India but they never disclosed the hidden agenda. Now some of you would say it for the cost maintaining the servers. Do you think such an excuse can be given by a Bitcoin miner? Another reason why government cannot beat the Bitcoin ecosystem is that there is nothing hidden and nor the ecosystem allows you to hide.

It seems that the information was misleading and clarification has been provided by NPCI.
The 1.1% charges are applicable only to Prepaid Payment Instruments (PPI wallets).
There are no such charges for the customers and merchants and it will continue to remain free to use.

Source: https://www.moneycontrol.com/news/business/startup/bank-transactions-through-upi-continues-to-be-free-for-customers-and-merchants-npci-10331791.html


You are correct NPCI came out with the clarification later on but I don't think they would provide UPI service for free for a long time. I suspect after the central election we will get to hear about it.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!