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Hacker News seems to really hate cryptocurrencies, but that doesn't mean they don't exist. Despite whatever properties you don't like about them, those tokens a
by ericflo 7y ago
Hacker News seems to really hate cryptocurrencies, but that doesn't mean they don't exist. Despite whatever properties you don't like about them, those tokens are being used today and have real value. You can close your eyes but the world will keep spinning.
- captn3m0 7y agoAs an Indian Citizen, I can not legally trade in Crypto.
- piyush_soni 7y agoAre you saying it just because you read it in some online article? There is no current law that prevents your to trade in crypto in India. There is news of a proposed bill that might make it illegal in future, but that's about it. We don't know if it will ever see the light of the day...
- captn3m0 7y agoYou're right. I should have clarified (typed on phone). Financial businesses are not allowed to service any entity dealing with crypto currencies. If I'm a publication business, if I start accepting BAT tokens, I lose my ties with my bank. Not really a ideal situation. The circular: https://rbi.org.in/Scripts/NotificationUser.aspx?Id=11243 https://rbi.org.in/Scripts/NotificationUser.aspx?Id=11243