It is really good for the bitcoin community and if they are going to impose more rules and regulation more people will be aware of the existence of bitcoin and it will indeed boost the community in a good way for sure and i am sure the price will rise again if government starts increasing the tax.
PM's virtue is good, but no wonder if he ever comes in the way of Bitcoins, I think government will possibly ban it being used here rather than giving acceptance to it because if such thing gets accepted, they will be data-less as to who is sending how much to whom and what is being transacted by Indians alone.
That's right if bitcoin cannot be regularized by govt, they would not like to have something where people start misusing this and create a new form of issue for them. So either they will like to get regularize and bring it under their policy or else the other option.
