Topic: Future of Bitcoin in India - page 8. (Read 1981 times)
I think it's the time of sunset of bitcoin in India due to ban.but l hope it will be not for long time.crypto currency had to much popularity in the world. so I can say don't worries about this.
I think India government will release regulation on cryptocurrency. Right now government ban bitcoin, i think its for temporary and not permanent when SEC approve ETF bitcoin trading, I am believe every government in the world will regulate bitcoin trading
Although the government is constantly warning about the risks of investing in the money market, most Indian people remain optimistic about the future of cryptocurrency. As in India, 7% of Americans recognize that they own Bitcoins or other electronic currencies. However, the people of India are far more optimistic, with 68 percent believing that most people will use cryptanalysis over the next decade, while only 45 percent of Americans surveyed share the same view. and this number is 47% for the Russians. The Indonesians have the strongest belief with 74% higher than the average figure of 69%. Japan ranked third with 66%, while the British were skeptics with 44%.
What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies? 
I think all the residents of India must be aware of the notice dated 03/94/2018 regarding bitcoin that the use of crypto currencies in India will be completely ban so all the bitcoin users are requested that they kindly withdraw all their money that they has invested into bitcoin within 3 months and then after 3 months in July they has banned all the crypto currencies from India but still there are assumptions that there could be some amendments in this notice and once again crypto could be legalised in India 🇮🇳.
The future of the bitcoin in india brighter it will help the economy it will help a lot of people in india rather than the goverment in india
If the people of the india accept bitcoin it will help them to become successfull
If the people of the india accept bitcoin it will help them to become successfull
India is now one of the countries trying to stop the BTC, so do not think that India will accept the BTC, I think India should reconsider
I think government and authorities of bitcoin and people of india come on a page, and they have to admit this digital market and demands of people for this crypto market after that they have to give them permission.
So why is it important if bitcoin is banned? Even if the "forbidden" people in India can buy passwords because the government forbids bitcoins in a country that does not change the fact that they are encrypted in these countries.
If the government and the people of India accept Bitcoin, then I believe that Bitcoin will have a future in India because it is a highly developed country. I hope that Bitcoin will become the main currency of India
In my own opinion,bitcoin will have a good and brighter future in India country. Their governments,time will come that they will realize the true benefits of Indian people with the bitcoin. They will totally accept the bitcoin in their country,and it will be legalized on entire country.
The MOF is currently banned in India, so it is more difficult to accept the MOF in this country. In my opinion, the Indian government should analyze the points that the MOF has brought. That would be better for many Indians.
India is the world's second largest country, with more than 1.2 billion Indians is a strategic market for bitcoin, I hope that the Indian government gives freedom and legalize bitcoin so it can make its people improve their life and economy.
I do not think Bitcoin will have a future in India. Although India is a big country, the Indian government is conservative and has no broad vision. Even if Bitcoin is accepted in India, I think the Indian government will strictly manage Bitcoin.
There is a great chance that bitcoin could go all over the world of business market by doing transaction of payments system and promote economic growth and social responsibility by means a capitalize country otherwise all of this would only an expectation and become a dreams because as long as the digital investment system could not be legalized and regulate to operate all over the globe.
Today, the Indian government claims it is illegal but after a while it can be legitimate and after making some new modifications and new laws, it will eventually explode and the future of bitcoin will be good. .
i do not know with the condition in india regarding the cryptocurrency there. but, I think India is one of the best countries in this case, but, last time I heard that they banned bitcoin, is that true? Well, it's a shame if it's true, because I think one of the best cryptocurrency developments is in India.
according to this link - https://coinsutra.com/future-of-bitcoin-cryptocurrency-india/
India will be left behind some steps from other countries. One of the commission officials said that they would not ban electronic money and would treat electronic money as a commodity.
as statement of RBI recently - "In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or settling VCs. Regulated entities which already provide such services shall exit the relationship within a specified time. A circular in this regard is being issued separately.”
source link - https://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=43574
but i dont think RBI will ban crypto because this might be a political trap.
India will be left behind some steps from other countries. One of the commission officials said that they would not ban electronic money and would treat electronic money as a commodity.
as statement of RBI recently - "In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or settling VCs. Regulated entities which already provide such services shall exit the relationship within a specified time. A circular in this regard is being issued separately.”
source link - https://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=43574
but i dont think RBI will ban crypto because this might be a political trap.
The future of bitcoin in India will certainly be brighter as any other country is currently supporting the use of electronic money. Thus, it is likely that India will monitor the development of electronic money in the future, if most countries around the world have begun to receive electronic money.
Bitcoin can be the future of India. There can be some rules and regulations and it can take some time.
Nowadays, Indian government declare it illegal but after some time it can be legal and after making some new amendments and new laws it will be finally boom up and the future of bitcoin will be good.But soon this will change and we will see more & more people getting attracted to bitcoin.But i think India is well techie country with a lot of tech celebs. So they will make a way forward to adopt crypto and bitcoin in future.
Nowadays, Indian government declare it illegal but after some time it can be legal and after making some new amendments and new laws it will be finally boom up and the future of bitcoin will be good.But soon this will change and we will see more & more people getting attracted to bitcoin.But i think India is well techie country with a lot of tech celebs. So they will make a way forward to adopt crypto and bitcoin in future.
What do you people think about the future of bitcoin or other cryptocurrencies in India under the current government policies?
Future government policies can also change in India. And bitcoin can be prevalent.
Future government policies can also change in India. And bitcoin can be prevalent.
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