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Neerbhay24

India should legalise cryptocurrencies?

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On 11/9/2019 at 3:55 PM, Neerbhay24 said:

India should legalize & regulate cryptocurrency as recently there prime minister modi has said that they will encourage blockchain technology. Also Reserve bank of india will start its own cryptocurrencies. 

After 2017 massive bull run India make crypto illegal. After a long time of research about crypto they are now thinking to adopt it. I think soon they will legalise it on their country.  


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Crypto currencies were banned due to different threats in the India.But recently Indian Supreme Court has legalised the all crypto currencies.

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Crytpocurencies are leglize in those there economic situation well amnaged. I did not know about the india. If heleglize the cryptocurrencies he became a good economics and developrled country because more investor share in trading.

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India is one of biggest economy of world and they already leading world in software technology if they legalise cryptocurrency then surely this could be one of best decision for them and new generation because this could be game changer for them their neighbour already involved in and leading world for adopting blockchain so Indian must think about this and do some softe policies for this.

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nice news about India I hope Arabic country do the same to make alt coins legal and exchange it with ATM like Canda and America 

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Blockchain technology is very beneficial for financial institutes like banks and makes their day to day transaction faster and safer. India and the rest of the world will be adapting this tech and will create their own version of cryptocurrency based on their existing fiat.


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Of course.  As cryptocurrency at now high demand.  Not only india other countries also should accept crypto currency     

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On 11/9/2019 at 2:55 PM, Neerbhay24 said:

India should legalize & regulate cryptocurrency as recently there prime minister modi has said that they will encourage blockchain technology. Also Reserve bank of india will start its own cryptocurrencies. 

Rhis depends upon the government  guys.

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Of course, India should be legal. India is also planning with cryptocurrencies, these are positive signs. for a country as densely populated as India, I believe if used, this would be a positive country for cryptocurrencies.

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No, and not possible too. Majority of Indian population depends on physical currency to transact daily having offline market. While bitcoin and other cryptocurrency are digital currencies and not in physical form. Also bitcoin doesn't have control of anyone over it to regulate it. So concept of making cryptocurrency as national currency is totally failed in practical.

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Its not about India its about the world because the future of payment is bitcoin and other Crypto currency I know with time to come many countries of the world is going to legalized cryptocurrency.

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On 11/9/2019 at 3:25 PM, Neerbhay24 said:

India should legalize & regulate cryptocurrency as recently there prime minister modi has said that they will encourage blockchain technology. Also Reserve bank of india will start its own cryptocurrencies. 

This is the good news for every Indian. But see what happen. If modi encourage block chain technology that is good for crypto currency lover.

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India is notorious for its authorization in informatics and cryptocurrency, it has several miners and traders for cryptocurrencies and I possess a quantity of contacts from India
I and stick to round about Indian channels on YouTube that describe trading
I deem that India's authenticate for cryptocurrencies is extraordinarily useful

 

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I think the better action would be other country should legalized cryptocurency as well, not only India. Because cryptocurrency users are not only from India, but all over the world. But it's not an easy thing to make them legal or something. Governs have a lot to think before making them legal.

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1 hour ago, Mim72 said:

This is very very good news for your folks regarding Of India and also you will have excellent options regarding cryptocurrency. The particular Native Indian authorities provide reinforced the particular blockchain, that may theoretically move a considerable way. I do believe in the event the RBI provides fresh money together with cryptocurrency, Of India can gain as well as the economic system with the region increase.

Yes i agree with you the particular native indian authorities provide reinforced the particular blockchain

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India should legalize cryptocurrency due to high population in the country. This will reduce unemployment and crime rate in the region

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4 hours ago, jMalam123 said:

I think it is good for the people of India, if they know that blockchain is supported then I think India is going to be the first country in this regard.

in my opinion it is good step toward economical condition of the country if they legalize the trading of crypto currency because it can be use to overcome poverty and unemployment and the many people can use this forum to earn money.

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On 11/9/2019 at 2:55 PM, Neerbhay24 said:

India should legalize & regulate cryptocurrency as recently there prime minister modi has said that they will encourage blockchain technology. Also Reserve bank of india will start its own cryptocurrencies. 

some countries now taking very serious to crypto market in these countries India is included because in I think January 2020. Indian Supreme Court said this market is not illegal .may be behind this development India can regulate this market soon. 

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Well, that's more on happening. I mean, maybe sooner it will be legalize and now they will be supporting blockchain technology and it would make a great impact and benefits to the community.

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Maybe it will become legal soon and now they will support blockchain technology and it will make a big impact and benefit the community. I mean

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 it's a good news for everyone .I live in Bangladesh, The neighbour of India. If Modi sir legalise cryptocurrencies there, Our prime-minister will also think about it.

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On 11/9/2019 at 2:55 PM, Neerbhay24 said:

India should legalize & regulate cryptocurrency as recently there prime minister modi has said that they will encourage blockchain technology. Also Reserve bank of india will start its own cryptocurrencies. 

Not only India I think every asian country should legalize crypto currencies to get benefit for asia too. As crypto can be very helpful to resolve some of economic problems if it is implemented with proper regulations.

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great. That's the good news that I've always wanted to get, when having legitimate country cryptocurrency is that it means popular cryptocurrency and it is trusted a lot.

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Well it is good because the prime minister now that said that it will support blockchain, and India should grab that opportunity to implement crypto because it might help their country it they do that. 

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On 11/9/2019 at 2:55 PM, Neerbhay24 said:

India should legalize & regulate cryptocurrency as recently there prime minister modi has said that they will encourage blockchain technology. Also Reserve bank of india will start its own cryptocurrencies. 

I am wondering that many of countries allowing blockchain technology cources but not accepting crypto currencies which are based on blockchain technology too.

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