Indian Government Ponders Ban of Cryptocurrency Use by clayrawlings

bitcoin · @clayrawlings · Oct 31 '18

$0.12

Indian Government Ponders Ban of Cryptocurrency Use

![bitcoin-currency-ban jpg.jpg](https://cdn.steemitimages.com/DQmdk4ZpxMxDoTk9rmEmiZx6rsqkHJPJBSJSAUdE9cUJvEi/bitcoin-currency-ban%20jpg.jpg)
Given the rise of India's technology class, I am shocked their government regulators would be so short sighted as to ban Indian Citizens from using cryptocurrencies.  As the rest of the world is moving to adopt or at least tollerate this evolution in currency, India is toying with becoming a regressive state that risks leaving theit citizens permanently removed from the financial revolution.  This is unfair on so many levels.  Regulate to prevent fraud, sure.  A complete ban is outrageous.  HODL everybody.

https://www.ccn.com/breaking-india-is-considering-a-ban-on-the-use-of-cryptocurrencies/

👍 clayrawlings, steemitboard, sumit1998, nasarakbar, amit1995, cheerwithcc, sumitshukla, papowich, erdalbaggal

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@papowich · Oct 31 '18

$0.14

of course all countries will recognize one day.

👍 clayrawlings, papowich

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@clayrawlings · Oct 31 '18

$0.09

The sooner the better for all of us.

👍 clayrawlings, maxilla

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@erdalbaggal · Oct 31 '18

$0.14

this attitude of india is a real narrow-mindedness

👍 clayrawlings

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@clayrawlings · Oct 31 '18

$0.09

Amen, brother!

👍 clayrawlings, erdalbaggal

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@amit1995 · Oct 31 '18

$0.13

I believe in crypto but sad part is India is not taking it seriously. But they are going to adopt in future 

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)

👍 clayrawlings

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@clayrawlings · Oct 31 '18

$0.09

Eventually they will have to but then it is too late for the average Indian to have shared in the gain.  Very unfair.

👍 clayrawlings, maxilla

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@amit1995 · Nov 1 '18

$0.10

Yes you are right sir.

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)

👍 clayrawlings

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@sumit1998 · Oct 31 '18

$0.15

What Indian can do is wait until they recognise the use of crypto.

👍 clayrawlings, maxilla, cheneats

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@clayrawlings · Oct 31 '18

$0.08

Hopefully they do not have to wait till it is too late.

👍 clayrawlings, maxilla

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@sumitshukla · Oct 31 '18

$0.13

Indian are really disappointed by these steps

👍 clayrawlings

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@clayrawlings · Oct 31 '18

$0.10

I can just imagine.  If this goes through they will be sidelined during the largest transfer of wealth in human history.

👍 clayrawlings

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@nasarakbar · Oct 31 '18

$0.14

Hi @clayrawlings,
Now we can do only one thing. wait and watch.
Thanks.

👍 clayrawlings, maxilla, cheneats

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@clayrawlings · Oct 31 '18

very unfair.  I am sorry.

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@cheerwithcc · Oct 31 '18

$0.13

After the central bank's ban this news is the biggest setback for the crypto community here. Hope the government will have to accept crypto in near future when the entire world can't survive without it. I am feeling vary sad for me and all crypto lovers here in India. Thanks for this article

👍 clayrawlings

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@clayrawlings · Oct 31 '18

$0.09

I am very sorry, my friend.

👍 clayrawlings

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@steemitboard · Nov 1 '18

$0.11

Congratulations @clayrawlings! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td>https://steemitimages.com/60x70/http://steemitboard.com/@clayrawlings/comments.png?201811010057</td><td>You made more than 300 comments. Your next target is to reach 400 comments.</td></tr>
</table>

<sub>_[Click here to view your Board of Honor](https://steemitboard.com/@clayrawlings)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!


**Do not miss the last post from @steemitboard:**
<table><tr><td><a href="https://steemit.com/steemfest/@steemitboard/i06trehc"><img src="https://steemitimages.com/64x128/https://ipfs.io/ipfs/QmU34ZrY632FFKQ1vbrkSM27VcnsjQdtXPynfMrpxDFJcF"></a></td><td><a href="https://steemit.com/steemfest/@steemitboard/i06trehc">Be ready for the next contest!</a></td></tr><tr><td><a href="https://steemit.com/halloween/@steemitboard/trick-or-treat-publish-your-scariest-halloweeen-story-and-win-a-new-badge"><img src="https://steemitimages.com/64x128/http://i.cubeupload.com/RUyB3u.png"></a></td><td><a href="https://steemit.com/halloween/@steemitboard/trick-or-treat-publish-your-scariest-halloweeen-story-and-win-a-new-badge">Trick or Treat - Publish your scariest halloween story and win a new badge</a></td></tr><tr><td><a href="https://steemit.com/steemitboard/@steemitboard/steemitboard-notifications-improved"><img src="https://steemitimages.com/64x128/http://i.cubeupload.com/NgygYH.png"></a></td><td><a href="https://steemit.com/steemitboard/@steemitboard/steemitboard-notifications-improved">SteemitBoard notifications improved</a></td></tr></table>

> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!

👍 clayrawlings

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
clayrawlings	0 B		93,598,339,245	100%

@clayrawlings · Nov 1 '18

$0.08

Thanks guys and gals.  I appreciate the award.

👍 clayrawlings

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
clayrawlings	0 B		91,741,872,078	100%