Seriously our Indian officials are pretty lazy when it comes to progressive thinking. When countries like Japan, South Korea and even America are allowing cryptos our RBI and govt. wants to ban it. And instead launch their own crypto. Why should we invest in this national crypto when they don't even allow us to trade other cryptos.
Don't worry, it's not just in India. I used to think some countries were more progressive than others simply because their people thought differently. But after spending some times with civil servants everywhere, I've now seen and understood a little better. Sometimes, it's just because of a few powerful individuals all stuck within a system that forces them to act like that.
You can see the same bright minds in some places, but who are unable to shine because the system snuffs it out as soon as it emerges. So I don't doubt there are great Indian officials, just a terrible system that needs an old generation to pass before something like crypto can be heard.
