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RE: LeoThread 2024-12-15 22:21

in LeoFinance13 days ago

Part 3/8:

Reflecting on historical data, Gokal points out how early Bitcoin investors, who purchased it at merely a few dollars, are now witnessing their investments balloon. However, he laments that excitement about crypto is met with skepticism in many parts of the world, particularly in India, where regulatory challenges and taxation make it arduous for ordinary investors to engage with cryptocurrencies. Despite this skepticism, Gokal emphasizes the potential for growth within the Indian cryptocurrency ecosystem, suggesting that with time, the government may need to acknowledge and adapt to this burgeoning market.

The Role of Governments and Regulatory Bodies