T

Tim Van Horenbergh

3 years ago

India don't let Bitcoin be banned the world is ado...

India don't let Bitcoin be banned the world is adopting the new descentralised storage of wealth. You wouldn't want the people of India to miss out. Off course regulations are needed but prohibition is the dumbest you can do to your people. Don't forget this asset is scarce and only 21mill people will ever be able to own 1 full bitcoin. Most of the world wil use the 100.000.000 denomination called a Satoshi or milibitcoins 100mill Satoshi = 1 Bitcoin = being in de 0.2% of the world's population to ever own a full bitcoin. Just my and many more people's opinion. Bitcoin is not inflatable hense it's fixed number. It's descentralised so no government can freeze or stop it so not even the Indian government. It's unhackable Bitcoin has never been hacked only some exchanges or people that lost there private keys. We need Bitcoin custodian banks regulated to hold the Bitcoin for dumb people that are to careless to hold there keys safe. Descentralised storage of wealth is the only way to safe transact in the world of tommorow. Remember no inflation no printing money out of thin air anymore. Easy transport.

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