Bitcoin

Bitcoin ‘Will Not End up being Legal’ In India Without ‘Tracking,’ States Chief Economic expert

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Sharma anticipates a pattern of Bitcoin price volatility continuing as a matter of course in future.

” […] This drastic cost increase was followed by extreme volatility, which will be significant difficulty going forward,” he said in recommendation to Bitcoin’s four-fold increase since the start of 2017.

The economic expert did not elaborate on the “monitoring” measures required to cause modification, nor how such state-sponsored activities would work in practice.

Source

https://cointelegraph.com/news/bitcoin-will-not-become-legal-in-india-without-monitoring-says-chief-economist

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