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Old 06-07-2019, 10:11 PM   #1
dillfly2000
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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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Old 06-08-2019, 04:38 AM   #2
jscott
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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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Old 06-09-2019, 01:54 AM   #3
freecartoonporn
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this news should get btc price down for some time.,

prepare to buy more.
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Old 06-09-2019, 03:09 AM   #4
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Originally Posted by freecartoonporn View Post
this news should get btc price down for some time.,

prepare to buy more.
says the biggest bullshiter in gfy history .
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Old 06-09-2019, 04:22 AM   #5
jscott
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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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