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RE: Delhi High Court Issues Notice to RBI, Union of India & GST Council Over CoinRecoil Petition!
Bro I signed the petition. This petition will surely sign by 50k users soon.
This is a positive sign. I too read this news yesterday on other Portal.
I think we will win and RBI will recheck the rules and come with correction for sure.
I don't know why big exchanges are not taking participation like zebpay, Koinex etc. I think all exchanges should come together and try their best to save their business and users.
But I have lost my optimism in this case. Probably, Indian government will ban the cryptocurrencies. But still we have this P2P options available which no government can ban.
@sathyasnkar that is the 2nd option but its good and easy for everyone to work with 1st option.
I suppose those exchanges don't want to get harassed by the government agencies. Exchanges like Unocoin have been harassed and employees threatened with action by tax officials for running an exchange. Not simple to do any business in India without paying off people in power i think.
As long as political idiots exist in the form of MLAs, MPs and Ministers, things won't get better. In my state, Kerala,the minister handling electricity board is illiterate and the funny part is that he has threatened our district sub collector for clearing the encroachments made by the people from the ruling party! How can we then expect our governments to support a transparent non-bribery system like block chain technology!?
Up until a year or so ago we had an HRD miniter who hadnt finished college. Someone who never believed in education herself was made in charge of educating people and preparing the future generations for challenges of tomorrow.
Now thanks to entertaining roles in soap operas that dumb down society as a wholw, she is in charge of I&B ministry. Weird state of affairs.
Yes bro this this is the other side. Indian servent impose according to their need.