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author | acesontop |
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permlink | f39g2p795 |
category | musing-threads |
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<a href="https://musing.io/q/acesontop/f39g2p795">View this answer on Musing.io</a>
author | cryptoandcoffee |
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permlink | f3lm5r7lx |
category | musing-threads |
json_metadata | "{"app":"Musing","appTags":["Cryptocurrency"],"appCategory":"Cryptocurrency","appTitle":"How do you feel about India banning cryptos? Are these just rumors or a ban like in China is inevitable in India also?","appBody":"<p>I think they will struggle to ban it as the rest of the world is moving forward with it. China has last week removed the ban on Biitcoin mining and there will be no bans.</p>\n<p>The Indian government is obviously scared and worried as they don't want to lose control. Financial regulations as we know it will disappear at some point as it can't be stopped. You will find the financial institutions like the banks are behind it to buy them more time.</p>\n<p>Next year we already know of some major investment houses that will be investing in crypto and I can't see India holding back.If they do it would be financial suicide as it will drive the crypto movement underground and whatever taxes they would have made will be lost.</p>\n<p><br></p>","appDepth":2,"appParentPermlink":"f39g2p795","appParentAuthor":"acesontop","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
created | 2018-10-31 19:40:18 |
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