Indian government is going to ban crypto

[BenFormer]

Hey everyone.
There is news about India banning cryptocurrency and regulation.
What are your thoughts about this?
Is it fair in the whole crypto world industry to do so?
How can it affect people?

[karldark]

If this is true, then cryptocurrency enthusiasts in India will have a hard time making purchases using cryptocurrency and exchanging their crypto for fiat. It is in the eventuality of such a ban that privacy coins like VEIL was created to protect users of cryptocurrency.

[CryptoWarrior]

Not yet recd a final decision.
But if I were you, I would be better off experiencing China. that's scary

[shinratensei]

Hey everyone.
There is news about India banning cryptocurrency and regulation.
What are your thoughts about this?
Is it fair in the whole crypto world industry to do so?
How can it affect people?

Whatever they wanna do and that news will not give a huge impact to the crypto. So many times indian government had declared it and they are always trying to think for a twice about that. Even if india doesn't use crypto and it's not a big problem for us. I hope those indians are looking for the answer to get their privacy coin like veil as their own solution.

Veil is a privacy coin that will be suitable to become p2p payment system. that seems to be a good choice for everyone in india right now.
There was a lot of ways to rome. Privacy like veil is one of that way.

[Vlad96]

I think that India won't ban cryptocurrencies. I don't know how to explain, I just feel like that

[Pod_Miners]

I don't think that crypto will be banned in India. Because India is on the way to become a developed country as the others so its more about everything being digital.

[BenFormer]

Not yet recd a final decision.
But if I were you, I would be better off experiencing China. that's scary

Quite agree with you.
I don't deal with china and india.

[Jeffbrad]

Not yet recd a final decision.
But if I were you, I would be better off experiencing China. that's scary

Quite agree with you.
I don't deal with china and india.

I have friends in china and they still use privacy coin like veil. But they are not intense using it. They have told me if their friends are using another country's platform to avoid the regulation. Basically what we need is a privacy coin with new technology can give more protection for us. But the problem when it comes to the centralized exchange site.
Privacy coin is the best choice at this moment for that are living there but not for the centralized exchange site.

[BenFormer]

Not yet recd a final decision.
But if I were you, I would be better off experiencing China. that's scary

Quite agree with you.
I don't deal with china and india.

I have friends in china and they still use privacy coin like veil. But they are not intense using it. They have told me if their friends are using another country's platform to avoid the regulation. Basically what we need is a privacy coin with new technology can give more protection for us. But the problem when it comes to the centralized exchange site.
Privacy coin is the best choice at this moment for that are living there but not for the centralized exchange site.

That's really good that privacy coin is in China.
What can you mostly recommend? I mean decentralized exchange site you trust more?

[edin]

Not yet recd a final decision.
But if I were you, I would be better off experiencing China. that's scary

Yes agree.