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RE: India Bans Bitcoin To Ensure Citizens Remain Impoverished, Markets Unchanged
people hide their money using bitcoin and remaining anonymous govt worried about tax and that is the reason of banning
people hide their money using bitcoin and remaining anonymous govt worried about tax and that is the reason of banning
Yes. That's very true. Bitcoin is decentralized. The government cannot control it. So tax will be short in their side.
There is a very big doubt that this instrument of speculation will remain the same interest as it was before the fall of as much as 250%. But there is no doubt that there will be attempts to warm up the interest of "experts" on investments in ultrashort positions. As in the fact that bitcoin will continue to be limited in its ability to pay, but the conversion into a real money surrogate is not at all. ...
I agree that hihihi
Huge opportunity for everyone here. This is basically the patient stealing from the impatient here. Patience grasshoppers.
Honestly I would love to see Zcash get more up & running so it can flourish in situations exactly like this with its zero-knowledge verification.