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Author Topic: Governor of the central bank of India is speaking positively on Bitcoin  (Read 2211 times)
Fernandez
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January 03, 2015, 06:29:34 AM
 #41

I thought India was super against Bitcoin. What happened?

There was nothing 'against' Bitcoin, the RBI had only issued a statement warning people of Bitcoin's risks and volatility.

Also, in their current statement I see no clear positive or negative response. They're acknowledging the future viability of digital currencies - but the whole world acknowledges it anyway. What would really mean as a 'positive acceptance' is a timeline to adopt to digital currency.



Well, I guess neutral is better than negative.

The fact that he is neutral shows that he has open mind.
Good for Bitcoin

They were never negative. They warned against the risks involved and they turned out to be correct. Anyone who ignored their warnings earlier lost a huge part of their investment.

Indian central bank is not like others. For starters, they actually take a rational view and are doing a great job in spite of constant government interference.






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January 04, 2015, 10:44:26 AM
 #42

This topic led to this article => http://www.coindesk.com/indias-central-bank-one-day-use-digital-currency-chief-says/  Wink

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January 04, 2015, 12:25:28 PM
 #43


Coindesk always create a hype by interpreting such comments in a deliberately far-stretched way. I have seen them making big news out of usual comments from government financial bodies of different countries.

Basically they want to draw as much attention of people as possible by creating BREAKING news out of thin air.
You have to be very careful and read the original statements of those bodies in order to get correct interpretation.

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January 04, 2015, 01:11:38 PM
 #44


Coindesk always create a hype by interpreting such comments in a deliberately far-stretched way. I have seen them making big news out of usual comments from government financial bodies of different countries.

Basically they want to draw as much attention of people as possible by creating BREAKING news out of thin air.
You have to be very careful and read the original statements of those bodies in order to get correct interpretation.

You're right. Coindesk isn't exactly the pinnacle of journalistic integrity. Sadly, I've  always believed they get most of their ideas from this forum and Reddit. If it's a slow news day on BCT and Reddit they just rehash old news. We should be looking to them for the news, instead we're giving it to them.

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January 04, 2015, 08:28:09 PM
 #45

can you cut this kind of bull shit?
if all these were true i mean even half, btc is close to world currency.
but what is it now?  270$ a piece
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