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by TtEdN7jwT 1928 days ago
Bitcoin trading increased in nigeria after it got banned there.
1 comments

The Indian government is quite a bit more powerful than Nigeria, unfortunately. They are very efficient in enforcing laws that impede on citizens' liberties.

For example, the government will simply disallow any crypto exchanges from converting between ₹ and any crypto currencies. That will deter 99% of the potential users from ever trying it out.

> That will deter 99% of the potential users from ever trying it out.

Nah, we had this kind of ban on western fiat currencies in communist Poland. And guess what, illegal p2p trading of USD worked just fine.

"just fine" is a funny word for "lands a lot of people in a torture cell"