China and India both developing economy with high GDP growth does not accept digital currency..
my scary thought is what if one by one every nation start to ban virtual currencies....
Topic: After China now Indian firms suspend digital currency trade after RBI notice - page 2. (Read 1160 times)
December 26, 2013, 11:48:30 PM
December 26, 2013, 11:25:38 PM
Wow, So thats another 1.237 billion people in India to add on top of the 1.3 billion people in China. Thats a nice chunk of Earth's population. This will only slow cryptos acceptance.
bitcoin isn't dependant on exchanges u can use it by paying with cash and using localbitcoins.com which will make it almost excursively used for crime in these countries, which is what India doesn't want to happen I assume but they are really dumb December 26, 2013, 10:58:03 PM
Wow, So thats another 1.237 billion people in India to add on top of the 1.3 billion people in China. Thats a nice chunk of Earth's population. This will only slow cryptos acceptance.
December 26, 2013, 10:56:26 PM
This is all FUD, they never said, as China, that financial services / banks cannot be used to buy cryptos.
I think this is quite clear from the statement posted on coindesk.
Also the statement is a nightmare, FUD after FUD
I think this is quite clear from the statement posted on coindesk.
Also the statement is a nightmare, FUD after FUD
December 26, 2013, 10:50:44 PM
I still can't understand why they would stop before being requested to do so, but then again India is corrupt as hell its possible they were threatened to close shop in private.
December 26, 2013, 11:38:11 AM
http://www.coindesk.com/reserve-bank-india-issues-virtual-currency-warning/
One such Indian firm suspending trade
https://buysellbitco.in/
One such Indian firm suspending trade
https://buysellbitco.in/
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