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

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!

this news should get btc price down for some time.,

prepare to buy more.

says the biggest bullshiter in gfy history :winkwink:.

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.