Future of cryptocurrency in india

Hello everyone I hope you all are fine and safe from the corovirus outbreak. Today i am going to tell about the future of cryptocurrency in my country. How government is focusing on crypto and how peoples think about cryptocurrency. In this post i will tell you all about the future of cryptocurrency in my country . i belongs to the INDIA country which is in asia continent. As you know and you have read in the news papers government of india bans cryptocurrency before few years but after long this this year India supreme court un bans the cryptocurrency through out India , that was good news for all people in india. I think government realise that cryptocurrency is the future of world and India so they unban it . They set new app and services to the people for trading cryptocurrency. This lead many benefits to the people of india. I have seen after the the unban of cryto lot of people join the cryptocurrency sites and start trading the cryto that means future of cryptocurrency is vary good . Now i will give you information related to some given topics in detail. Hope you like it.

How I think the crypto world is going to change and develop in the coming years

Before few years no one know about the cryto what is cryto and how to trade and less number of people were seen in trading the cryto . At the present you can seen lot of people got information about the cryto and are buying and selling the cryto . That mens lot of new people are joining and focusing on cryto . Also some of the banks in the world come forward related to the cryptocurrency and start trading the cryto in there banks that is one of the big step for cryto that will rise the cryto throughout the world. In future lot of new users will join the cryto and also soon we seen there will be cryto banks throughout the world. In my views cryto can change the world . I think in future some countries can change the currencies to cryto.

Is awareness and usage of cryptocurrencies growing in my country
As i tell you you in my country india cryptocurrency was recently unbanned in the month of may this year. After that lot of people start learning about the cryto and join trading the cryto. Also lot of people get knowledge about cryto. So usage of cryptocurrency increases vary much in my country india. Also devepers made many new trading sites and apps brings the awareness of cryto in the india.

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What is the attitude of government to cryptocurrencies in my country india?

Before two years in 2018 reserve bank of india decided to ban crypto through the india. The reserve bank of india tells that there are many frauds occurring due to cryto throughout the country. At that time the indian government bjp decided immediately to ban the cryto. After this news comes on the screen . Lot of traders and owners of got shocked because they can loss billions of ruppes due to this ban. After that they decided to fight against the government and RBI in the supreme court. They fight for a long period of two years and finally they got successfully by winning the case and cryto got unban in India. I think government is still thinking about this cryto and make launch new rules related to cryto . But now government is showing some positive role towards the cryto .

Do i have a positive or negative outlook for the future of cryptocurrencies?
I have totally positive look towards the future of cryptocurrency because lot of people from my hometown who before some time have no information about cryto are now trading cryto. That means lot of people are joining cryto. In future cryto will rise to vary high levels.

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How do i think cryptocurrencies can benefit society in future?
From my view the best way through which people and our society can get benefits from cryto is trading the cryto. I am also trading the cryto i buy some coins and sell some . In future lot of people will get involved in trading the cryto where they can get maximum benefits. But in trading there is little bit rise of loss but if you hold cryto for a long period it will rise . Also by making loy of blogging sites can lead good benefits to the people of world just like steemit, etc. Also established of cryto banks will benefit to every people throughout the world . Cryto banks will give loans also.

How do i think cryptocurrencies can reach mass adoption?
In my view the cryptocurrencies can reach mass adoption only if we give the knowledge of cryto to every person in the world and make every people aware about the cryto. You will buy cryto only if you have enough information about that cryptocurrency. So we need to make posts relevant to cryto in our social apps also we can give information of cryptocurrency to our friends and family members. In future cryptocurrency will change the economy of all the countries which will join it.

Which cryptocurrencies do you think will emerge as the most widely
As we know bitcoin is famious throughout the world and will be mosf widely used in the future. Also I think YFI has a good potential as well as value this time can emerge in the future. There are some more coins which have good potential to emerge like Dot, Link, XRP and many more .

THANKS FOR READING.