Please read it completely. It is important and takes barely 2-3 minutes to read it until the end.

What's the fuss?

Kindly take some time and sign the petition to request the Indian government to announce bitcoins and other cryptocurrencies legal in India. Lately, my posts have been receiving minimal views but this needs to be seen and signed by as many people as possible.

If you're not aware of the situation, I made a post about it yesterday.

Why post it on Steemit?

One reason is because this is one of the most active crypto-community I'm personally aware of. A lot of people together, can make the change. Also, a lot users here are from India and many more that join Steemit everyday happen to be from India. If a law against cryptocurrency is established, it might even mean that holding STEEM would be illegal and that is not a good sign for the existing users, future users and Steemit itself.

But isn't that thing - the law - applicable to Indians only? What are we non-Indians supposed to do about it?

Indeed the law will only affect the Indians if established. The way you can help is by understanding that platforms like Steemit which has helped you could also help new users from this part of the world. If it can happen in India now, it can also happen to the country you live in, later.

So, we just sign the petition and it'll be legal?

That's not it but it'll surely have a major impact to not make it illegal. We need to educate about this technology to a lot of people. We're barely starting with what's possible to acheive: be it in the field of education, resource distribution, healthcare, universal basic income or even space exploration. Making it illegal is certainly not the best possible way to encourage young minds to look deeper into this technology and bring about something that'd possibly make lives of billions of people much more easier than it already is.

But why make it illegal and why now?

As per the news reports, it's mainly because the Indian government is not happy with the fact that bitcoins are not regulated by government-body and there has been an immense rise in the usage of it after the government declared demonitization a few months back.

Note: There have been several reports claiming that the news is fake and erroneously reported by the media. However, interpretations are open to both ends and it'd be great if we could sign the petition anyway.

Okay, cut to the chase - where do we sign the petition?
HERE!

Please share this with others to inform and educate them. You're awesome!

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A humble request to everyone on Steemit to sign the following Petition in order to announce bitcoins and other cryptocurrencies as legal currencies.[2-3 minutes read]