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Blockchain doesn’t need cryptocurrency? Is this an attempt to soften/explain the ban on crypto by the Indian government ?

Blockchain doesn’t need cryptocurrency? Is this an attempt to soften/explain the ban on crypto by the Indian government ?



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4 Comments

  1. The Indian government is the most dumbest govt ever. They literally ban anything that they cant understand. They wanna replace cryptocurrency with a govt sanctioned currency!! Are they smoking crack?
    Do they not understand what decentralised even means?

  2. tldr; Anand Swaminathan, the head of McKinsey Digital in Asia, has said that it would be a mistake to think that cryptocurrencies and blockchain technology are “so intertwined you can’t have one without the other”. “Cryptocurrency is a use case for blockchain technology. While cryptocurrency cannot exist without blockchain, the reverse does not apply,” he added.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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