How can 1.3 billion people (the population of India) allow just a few hundred people to tell them what to do?
India's finance minister in collusion with the rest of India's gangster government have taken it upon themselves to start legislation against cryptocurrencies.
Bitcoin and it's like are threatening the government's ability to extort and rob the people of India and also disturb the Indian banking families leeching life style.
Following a pretend 'we care' script, the Indian government's stated lies /motive is one of protecting its citizens from nasty ponzi schemes. Obviously it doesn't believe Indians are capable of making their own decisions and also believes it has the right to keep people in poverty .
Like most ruling vampires have learnt it's good to keep the masses bonded in chains like slaves.
7 billion people on this planet being held down by a few thousand.
How crazy is that?