Well, does the title sound a bit odd? If you consider the years that the case between the bank and the cryptos world, it does indicate the relief of the crypto world not only in India but throughout the world. It also means that a government is on the way to approving the cryptocurrency and we may soon see a government-issued coin too.
Cryptocurrency may sound alarming to people who think that it could be misused by the dark web or forces but if it were to be misused, no amount of governance or strict measures could stop it. On the contrary, it is the paper currency that is often misused. Fake notes are still rampant and can be brought down to the common people and raise inflation and affect economic growth as a whole.
The new developments in the past few days with crypto being on the road to formal approval and the celebration of the remaining crypto exchanges in India have given new hopes to those who would like to trade in India.
Bitcoin Cash
Bitcoin as crypto is still intimidating whereas bitcoin cash is always welcome by the traders. What makes it more attractive than the top crypto coins are the speed and low fees for transactions.
A few years before, 2018 to be precise was a golden age for crypto and it was Bitcoin cash which helped me get a lot of things done and I still hope to build my base with it.
Here's to hoping that there would be a similar price rise and no going back.
written by Sayee
