Indian Government Panel Proposes Deeming Virtual Currency Dealings Illicit & Illegal
this was already expected, I saw last year very bad comments about bitcoin coming from the government of India, it is very clear their intention. This reflects a government that has policies to control its people, when in fact people of these government enrich themselves. The stranger in all this is that many governments where their people are very poor and oppressed are governments that are against bitcoin and their argument is that they afraid that bitcoin can be used for money laundering and terrorist financing. funny, they leave their own people in absolute poverty, but speak of morality
Now this is what we can call the end of cryptocurrency.
there are japan, united states, malta and many countries in europe and latin america that use bitcoin without having many headaches. it is enough that the richest countries of the world use and legalize bitcoin that small countries will follow the same path. Of course, countries like India, China and Russia are not going to accept bitcoin
