When some control freaks in NY introduced the controversial BitLicense, people who apposed it, simply relocated their business to Bitcoin-friendly states and continued as usual.
If you are a Bitcoin user and you are not allowed to spend your coins, then move those bitcoins to a country where they are welcome. Take that well deserved holiday of a life time in another Bitcoin friendly country.
You're going overboard with those.
So abandon your country, family relatives a because of crypto?
Let's be serious about this. Nobody has died in the first decade of this century without bitcoin nobody will.
9/10 of Indians can't afford a plane ticket and you want them to flee the country?
And the second one it's not that better either.
You don't spend
BTC alone, you spend your MONEY.
You spend your
BTC on trips abroad (how many Indians afford this) it's just means you will spend your other money in the country.
How many will start spending 1000$ in a vacation just so Thailand gets 100$ and India loses 100$ ?
Buy expensive gifts online with your bitcoins and have it delivered to friends in other countries. < Exchange the gifts for Cash >
Use your bitcoins on online gambling and buying virtual goods and services.
and save your fiat for the things you cannot buy with bitcoins.
Just make sure that your Bitcoin income does not end up in the country that banned it. We will send a clear FU to these countries, if they want to stop our financial freedom and financial privacy.
Oh god you really went overboard!!!
So spend all your money on livechat and betting and god knows what so the Indian government doesn't get taxes!!!
Just tell them to buy one kilo of pure afghan heroin and be done with it.
Common, the guys that do embrace bitcoin have a tendency to forget about taxes.
I'm willing to bet that most of them we're contributing more than a few cents to the government even in the fiat economy.
Plus, if you buy stuff you don't pay taxes to the government the merchant does..if he wants...to few are doing that in India.