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06-07-2019, 10:11 PM
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#1 |
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hey
Industry Role:
Join Date: Mar 2012
Location: with you
Posts: 2,209
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10 years in the clink for cryptocurrency
India mulling bill against cryptcurrency and a possible 10 years in lockup for anyone still possessing it if this proposed bill is passed.
They say it's to fight money laundering and scammers, which is believable. But there's definitely more at hand here. Vancouver is also contemplating whether they should ban bitcoin ATMs https://www.tomshardware.com/news/in...ing,39600.html
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06-08-2019, 04:38 AM
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#2 |
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So Fucking Banned
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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This would be a hugely regretful move by the Indian government, and would be WONDERFUL for Bitcoin.
Gov not having control of something does not mean it's automatically bad, wrong, or illegal. This would be a move toward absolute gov control, authoritarian, Hitlerish! |
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06-09-2019, 01:54 AM
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#3 |
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Confirmed User
Industry Role:
Join Date: Jan 2012
Location: NC
Posts: 7,683
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this news should get btc price down for some time.,
prepare to buy more.
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SSD Cloud Server, VPS Server, Simple Cloud Hosting | DigitalOcean
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06-09-2019, 03:09 AM
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#4 | |
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Confirmed User
Industry Role:
Join Date: Sep 2014
Posts: 361
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Quote:
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06-09-2019, 04:22 AM
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#5 |
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So Fucking Banned
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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Ya, not sure his logic. But it seems a bit backwards. This would be bad news for citizens of India and good news for BTC:USD pair.
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| Tags |
| bill, believable, laundering, scammers, hand, ban, bitcoin, atms, vancouver, contemplating, money, lockup, cryptcurrency, india, mulling, clink, passed, cryptocurrency, proposed, possessing, fight |
