Tim Draper: Bitcoin Should Replace the Indian Rupee

Despite being supportive of an announced Indian crackdown on corruption, Tim Draper believes that the nation’s increasingly anti-cryptocurrency stance will be bad for them in the long run. The billionaire venture capitalist and long-time Bitcoin bull feels that the move to ban banks from dealing with customers who use crypto will prompt India’s best and brightest to seek opportunity outside of the country.
Yesterday’s Bank Ban on Cryptos Will Hurt India in the Long Run
Tim Drap