RBI and all the banks will always say that Bitcoin is unsafe. But the thing is, bitcoin is a crypto-currency and it is open source that means not single organization or person regulates it. We should be able to earn and spend as much as we want without the interference of the government.
Government days will soon expire no one can stop Bitcoin.I mine Bitcoin and I am damn sure that it is going to rule the world.No more corruption, No more regulations it will be in everyone's pocket.Everyone is controlling it.Don't be afraid of these corrupt Government they can't stop it, they can only speak, speak and speak.
Even not taking risk is the biggest risk.Because in that case, you are only going to lose the probability of winning is zero. and all business has a risk. Even the stock market. If we afraid of risk then we can't do anything.
We don't have to pay tax and all and its corruption less, that's why govt. Are refraining people to stay away from it.
image source link
gd work
I mentioned India's possible Bail In in my article today https://steemit.com/litecoin/@jetblake/litecoin-on-the-move
nice bro
This post has received gratitude of 6.02 % from @appreciator thanks to: @mahtabalam.
From what I understand if China couldn't stop bitcoin more than likely no one can at this point. Only down side I saw as far as BTC not sure about other cryptos, also not sure if it was propaganda but bitcoin mining in 2019 will use as much electricity as USA combined.
Even if the govt bans Btc, we could always transfer Btc to a foreign wallet, and exchanges like Zebpay have their headquarters in Singapore, we always have a plan b and c :)
But you can not transfer btc out of zebpay, only to another zebpay user in India!!!
it can be moved to a physical wallet right?
Omg, yes :-) If you click SEND, he is asking for contact but you can click on header 'send to bitcoin address'. That is such a great news, thanks @shonyishere!!!!
I don't get what are you doing here, Sarcasm? I can transfer my btc to bittrex from Zebpay. Is it a common thing for Whales and biggies to make fun of the novice users ? ok have fun mocking :)
Hey, absolutely not mocking you, i was very serious, i didn't manage to send my BTC out of Zebpay and your remark made me try again and i found it.
Indian banks themselves are now working towards using Blockchain technology because it is a good technology. However, they don't like to see your money going to somewhere else without paying little fees to them. As such, they will try to dissuade you.
http://www.bankchain.org.in/members.php
They can't do anything. Not a single thing. They can try hacking websites and that is it
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