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India’s plan to ban Bitcoin faces resistance as its crypto crowd fights back

India’s plan to ban Bitcoin faces resistance as its crypto crowd fights back



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9 Comments

  1. India, where government bribes are the only way to get things moving.

    Officially crypto might be banned, but unofficially I expect gov officials to still take crypto bribes.

  2. tldr; Balaji Srinivasan, formerly the chief technology officer at the largest US crypto exchange about to go public, has proposed turning every phone into a “bonafide Bloomberg Terminal”. He says a digital wallet that can handle both central bank-issued electronic cash and cryptocurrencies will end up “giving every Indian the ability to make both domestic and international transactions of arbitrary complexity”.

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

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