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Topic: Indian Govt. committee is proposing 10 years jail for dealing in crypto - page 2. (Read 536 times)

hero member
Activity: 756
Merit: 502
If the government passes a bill that bans the images of M.S.Dhoni and anyone who possess his image could  be jailed ..

how will it be implemented..

as per the draft someone holding crypto is liable to be jailed for 10 years, what if someone airdrops  a token or sends millibits of btc to large scale mail, therby half population reciveves bitcoins..therfore all of them hold btc and hence should be jailed for 10 years.
member
Activity: 387
Merit: 13
1ndiaSPqmqRUBXK79chY9Merz5AZrSu6y
India banning crypto for the nth time, it's another clickbait article to stir the community sentiments.
Only wait for the Supreme court ruling.
newbie
Activity: 13
Merit: 1
https://twitter.com/Nikunj_Ohri/status/1136984201876557824

The journalist behind the Bloomberg article posted these photos of the so-called draft bill. I find it extremely shady that he didn't just leak the whole bill, or at least the entirety of the sections relevant to the ban, that is, if this bill is even real to begin with. 
sr. member
Activity: 1974
Merit: 453
^^^ It is not a hoax. Bloomberg is a reputed mainstream media channel and they will never print a story without ascertaining the facts. And Bloomberg was not the only media channel to publish this news. I saw this in other websites as well.

If you remember, even when Raghuram Rajan was the RBI governor there were talks about banning the crypto-currency. At that time, the government decided against it citing the difficulty in implementing the measure. But now it looks like they have taken a hardline approach.
member
Activity: 122
Merit: 13
Probably A hoax but it will be nightmare if true.

https://www.bloombergquint.com/bq-blue-exclusive/exclusive-india-proposes-10-year-jail-for-cryptocurrency-use-may-introduce-its-own-digital-currency


may only be a cheap trick to gather eyeballs as this is really regressive.
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