The former CTO in an interview with The CapTable opined that banning Bitcoin is akin to banning the “financial internet.” Seeing that there is no way of blocking residents from accessing the internet or using virtual private networks (VPN), residents could easily turn to nearby Asian markets. Srinivasan said:
Srinivasan who is now an entrepreneur and angel investor believes that India could end up 20% poorer over the next five years if it follows through with the ban. In his words:
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Source: Cryptocurrency - investing.com
