According to me The game Between RBI and Government will come to an end very soon. Bitcoin is basically an important asset of Japan which is a key friend of India and has a provided a loan to India at a low-interest rate. If India will Ban Bitcoin and other cryptocurrencies then the direct impact will be on the Japanese economy and they will have to face a downfall. So automatically the conclusion comes out that if India wants to maintain healthy relationships with Japan then it will not Ban bitcoin in any situation.
In a few days to come India will definitely make bitcoin legal with tax imposition. This will become the major revenue generating source for the country as cryptocurrencies are the future of the nation and one has to accept this fact.
Please let me know your views! Thanks
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You are thinking correct, the Govt. can't ban it for long term. It will be open soon with some regulations and tax.
@ankitgoyal09 your @mehta @vaishykrishan There is no point of Bitcoin Ban in India, Pls go through this video U will get the right AnswerOn 1st Week of July we will solve the Crypto Issue of India – (Subhash Chandra Garg, Economic Affairs Secretary of India INDIA)
https://steemit.com/cryptocurrency/@important-to-us/on-1st-week-of-july-we-will-solve-the-crypto-issue-of-india-subhash-chandra-garg-economic-affairs-secretary-of-india-india