Governments will eventually defeat cryptocurrencies
A Bohemian idea that defies state control can easily gain popularity but cannot escape regulation
If India were a parent, what kind would it be? I think it would like to accompany you on your honeymoon. So it was a bit surprising that India tolerated the Bohemian idea of cryptocurrencies for so long. But now the government plans to introduce a new piece of legislation that will outlaw Bitcoin and other cryptocurrencies. India also plans to introduce its own digital currency, thus making crypto uncool. In fact, it would not be a cryptocurrency if a government issues it.