Litigation has been filed in an Indian High Court by a public prosecutor of cybercrime cases. Claiming that cryptocurrencies facilitate crime, he calls for their immediate ban or regulation.
They start by swapping out paper denominations, causing havoc. Citizens begin to adopt bitcoin
They they say all citizens should adopt digital money under the false idea assumption that the CB gets to peek at each transaction. The Indian citizens increase adoption of bitcoin.
Then the Indian authorities begin collecting biometrics on very citizen, and soon the biometrics are leaked and available to anyone. The Indian citizen adopts more bitcoin.
I have an idea. The Indian monetary authorities should just shut up and let the market evolve.
No comments:
Post a Comment