Is RBI worried about Rupee collapse?

That is the only logical explanation to ban Bitcoin

Photo by Clifford Photography on Unsplash

In fact, in the last 4 years of RBI being aware of Bitcoin, they haven’t passed a single regulation or law for consumer protection.

What is Bitcoin, how it works?

Bitcoin price chart from 2014–2021

The three main reasons are this

What is the real reason why RBI is so scared of Bitcoin?

Money printing by central banks is what creates inflation, that is the real reason why prices constantly keep growing

So what, HOUSE Prices going up, so that’s a good thing, right?

Bitcoin — The NEW WORLD order

If the price rise of Bitcoin continues, more and more people will be attracted into investing into Bitcoin as more and more people invest into Bitcoin, the price keeps going up more, and the cycle continues.

For the last 50 years, bad banks have been simply rescued by Govt by printing new money without any worry.

There is a PRICE TO PAY now, Now it’s their “Karma is a bitch” time.



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