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Next, balaji makes a case that embracing bitcoin will boost foreign investment.
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When you invest in something, you should never invest more than you are willing to lose. However, in future, it is. Some say bitcoin is a good investment as it may become the primary medium of exchange worldwide. Even with the high return rate on investment, bitcoins are still a dangerous investment. Moreover, buying bitcoin is absolutely legal in india, there is no law prohibiting indians from buying/selling cryptocurrencies in india, shetty told fe online.
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Foreign investors come into india because the economy is worth investing in, not because india owns some bitcoins.
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