We all knew that, Raghuram Rajan is the indian economist and he was the former governor of the Reserve Bank of India. Recently he has expressed his concerns regarding security features of the bitcoins and shared his views about bitcoins.
Check it out here https://www.youtube.com/watch?v=umV9uyqECgc
What nonsense! Its a video from 2014 - https://www.youtube.com/watch?v=4uRBsn8q_XkCheck it out here https://www.youtube.com/watch?v=umV9uyqECgc
Oh, i saw this video few days back; I thought it is a latest video. Thanks for the information, but still it is interesting to know the views of one of the top indian economist about the bitcoins.
So what do you think will India bring the law and regulations to get control of the cypto currencies and then may be licence the exchanges who can operate in India or will it try to ban and might be braining their own coin which they would have total control and uses the block chain technology?
It is not easy to bring out the black money, there are so many ways to convert the black money into clean money and unfortunately authorities are also involved in such scams. People will always find a way to break any law or restriction related to black money. As per me, India will never ban the bitcoins but the indian government will look for the alternatives to monitor the cryptos.
