Should India Ban Crypto currency for and against debate
Answers
Crypto currency
crypto currency is a currency which circulates without supervision of higher authority such as government or bank
how it works:-
Except cryptocurrencies are made by cryptography techniques that enable people to buy ,sell or trade them securely.
how crypto currency make money
crypto currency operates a black chain,the digital leader of cryptocurrencies transaction ensuring that the same coin never used twice.transactions are held on blackchain network made of thousands of machines and in return for the efforts of those machines,owners can own crypto currencies.
Should India ban crypto currency or not
I believe that it is not good for any country to complete ban on crypto currency because a huge part of country's economy is involved in it and if we see countries who had a complete ban on crypto currency like china faced a huge loss in their economy and a large part of their population who were directly or indirectly were engaged in trade of crypto currency migrate to other countries.we we see countries like USA where there is not a complete ban on crypto currency but they use crypto currency as a bitcoin or for trade purpose.So I think it is not good to complete ban on crypto currency we can also use crypto currency as for trade purpose like countries such as USA