indian govt planning to ban trransactions of banks dealing with bitcoin like entities
hii guys , indian govt is planning to stop banks dealing with cryptocurrencies , but in a rti filed by a person rbi responded that they haven't yet made any committee or any study which can lead to any conclusion. but if India prohibit banks doing so, will pull back India whether rest of the countries trying to deal with crypto may grow rapidly.
but here i just want to discuss with u all what if india will ban banks to dealing with crypto then what will be the solution for the bitcoin holders in india to withdraw their money ?
please reply and give ur valuable feed ....
thanks
it may happen eventually. this will not stop crypto and blockchain it will only push people to look for other means. we have seen localbitcoins.com flourish with bans like this we may see more services like this. i am hoping someday we can have localsteemtokens as well.
yes i also think this kind of more services will come to relieve people holding bitcoins in India..
if it happens then be ready for the bearish moves
yes it is a possibility....