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| 07:26 PM | ||
| Users Online Now: 1,997 (Who's On?) | Visitors Today: 937,121 | |
| Pageviews Today: 1,749,143 | Threads Today: 858 | Posts Today: 15,171 |
| 07:26 PM | ||
India Bitcoin Ban Would Be a Terrible Idea | |
| Anonymous Coward User ID: 77556198  United States03/19/2021 03:42 PM Report Abusive Post Report Copyright Violation | |
BLARGON
 User ID: 79627971 United States03/19/2021 03:47 PM Report Abusive Post Report Copyright Violation | The country’s previous attempts at currency controls impoverished Indians and prevented its companies from competing globally. Quoting: Stryder Ordinary Indians would be deprived of the very real benefits of cryptocurrency. The ban would prevent Indians from capitalizing on crypto-asset appreciation, which blockchain evangelist Balaji Srinivasan has called a “trillion-dollar mistake.” [link to www.bloomberg.com (secure)] India banned gold and silver speculation aswell. So I mean..they want everyone to use their stupid rupee apparently. Ridiculous BLARGON |
| Anonymous Coward (OP) User ID: 77556198 United States03/19/2021 04:02 PM Report Abusive Post Report Copyright Violation | The country’s previous attempts at currency controls impoverished Indians and prevented its companies from competing globally. Quoting: Stryder Ordinary Indians would be deprived of the very real benefits of cryptocurrency. The ban would prevent Indians from capitalizing on crypto-asset appreciation, which blockchain evangelist Balaji Srinivasan has called a “trillion-dollar mistake.” [link to www.bloomberg.com (secure)] India banned gold and silver speculation aswell. So I mean..they want everyone to use their stupid rupee apparently. Ridiculous For the most part they're trying to protect their already rough currency value while maintaining their wealthy upper class. They're well educated with many holding college degrees, many from the U.S. India's major exports included petroleum products, gems and jewelry, and drug formulations. Additionally, the value of the various types of machinery India exported was valued at over 29 billion U.S. dollars. Other major exports include spices, tea, coffee, tobacco in agriculture, along with iron and steel. |
| Plato Shrimp
User ID: 79077901 United States03/19/2021 08:12 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 78052087 03/22/2021 11:54 AM Report Abusive Post Report Copyright Violation | |
