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[CrazySher]

India as a IT giant now believes that if we have to grow our gdp to $5 trillion, then we should not ignore the $1.3 trillion crypto market of our country and it will helps a lot. In previous day's there are many rumours roundup about India's crypto ban but it seems to be a false alarm, and they may only change some policies regarding crypto.

 

[Wisdom01]

Crypto currency would really help the economy of India apart from the Gdp growth , it would also increase the foreign inflow of money to the country economy

 

[Niftyicon]

I am impressed that India is taking the path of doing what is most important for her people and the nation as a whole. I agree that Cryptocurrencies would contribute more to the growth of any economy.

 

[Josemendez]

Am not surprised by this information because India has always been supportive to cryptocurrency . I believe that this will surely benefit the country

 

[Manish200]

I think at this moment, Indian economy needs help from all investment markets and to achieve stability it is very essential to make investments in crypto currency. The times and the world is changing really fast. Its high time for India to catch up.

 

[achawaskey]

This is what we all have been praying for so that the economy can increase its GDP. If those countries that are struggling with there GDP could embrace crypto, I think there economy will improved.

 

[BusyCat]

Yeah I too heard there is a possible ban of crypto in India but its not true. Indian government believes in blockchain technology , and is on the way to launch their digital coin Lakshmi.

 

[Niftyicon]

Yeah I too heard there is a possible ban of crypto in India but its not true. Indian government believes in blockchain technology , and is on the way to launch their digital coin Lakshmi.

That is a nice one and I hope the focus on their own digital coin wouldn't bring about hindering the people from dealing in other Cryptocurrencies.

 

[BusyCat]

That is a nice one and I hope the focus on their own digital coin wouldn't bring about hindering the people from dealing in other Cryptocurrencies.

yeah thats the issue , they said they were against private cryptocurrencies like bitcoin , but I am very sure they wont ban bitcoin or other existing altcoins

 

[highspeed]

Indeed. From what I read earlier, India seemed to have decided to ban cryptocurrencies.
But on the advice of the CEO of Blockchain, now the country seems to have had an afterthought, this because such a refusal could lead to a suffering of the Indian economy in the long term.

 

[BusyCat]

Indeed. From what I read earlier, India seemed to have decided to ban cryptocurrencies.
But on the advice of the CEO of Blockchain, now the country seems to have had an afterthought, this because such a refusal could lead to a suffering of the Indian economy in the long term.

Yeah the future of economy is more dependent on digital currencies like bitcoin. India can't neglect this amazing blockchain technology completely.

 

[Niftyicon]

yeah thats the issue , they said they were against private cryptocurrencies like bitcoin , but I am very sure they wont ban bitcoin or other existing altcoins

Provide the use of other coins wouldn't be banned, then it is a very welcome development. Those digital currencies should be able to coexist.

 

[Manish200]

This is what we all have been praying for so that the economy can increase its GDP. If those countries that are struggling with there GDP could embrace crypto, I think there economy will improved.

You are right, India is going through testing time when all the markets and businesses are shut down. Its is important for the government and people to understand the need of these types of investments. I hope they make positive changes as soon as possible.

 

[BusyCat]

Provide the use of other coins wouldn't be banned, then it is a very welcome development. Those digital currencies should be able to coexist.

Yeah the government should encourage even Bitcoin and other popular cryptocurrencies, they should appreciate the coins growth over the years instead of pointing out possible negative aspects of using Bitcoin.

 

[Josemendez]

You are right, India is going through testing time when all the markets and businesses are shut down. Its is important for the government and people to understand the need of these types of investments. I hope they make positive changes as soon as possible.

Exactly , this is the main reason for the government to support cryptocurrency especially for the citizens , as it will help them to make a living

 

[highspeed]

Yesterday's news is that Brett Lee, a former Australian international cricketer, donated 1 Bitcoin to India, a State heavily scourged by covid-19, to ensure oxygen supplies for hospitals.