⚖️ India loves “Digital India”… but hates Digital Crypto Money? 🤯
Our government pushes UPI, CBDC pilots, and “Digital India” slogans everywhere. But when it comes to cryptocurrency, suddenly the brakes slam. RBI says full regulation might bring systemic risk. But isn’t that like saying “let’s not build cars because accidents happen”?
The reality? Crypto is already here. Millions of Indians trade it daily, despite TDS cuts and unclear laws. By avoiding proper regulation, India risks pushing talent, capital, and innovation to Dubai, Singapore, and even Nigeria. Imagine being the country of 0.5% TDS warriors while others become crypto superpowers.
Here’s the spicy truth: regulation isn’t about protecting people—it’s about protecting the system. If ordinary Indians learn financial sovereignty, banks lose monopoly. And that’s the real fear. 🥵
So the question isn’t whether crypto should be regulated—it’s whether India will embrace innovation or keep playing catch-up after the world has moved on.
👉 Should India regulate crypto to unlock growth, or keep “protecting” people while scams & brain drain grow?
👉 Is RBI really worried about risks… or about losing control?
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