“Since graduating in mechanical engineering this June, Sanket Shah hasn’t bothered hunting for a job. But that hasn’t thrown a spanner in his lifestyle. The secret to Sanket’s self-sustenance lies in Bitcoins. The Reserve Bank of India has not yet formulated regulations to govern trading or profits generated from Bitcoins. An RBI spokesperson told Mirror over email that the RBI doesn’t consider Bitcoin legal tender and, therefore ‘trading in Bitcoin is not legal. Obviously, there cannot be regulations from RBI for an illegal activity. People who use it, do so at their own risk and responsibility.'”
http://www.mumbaimirror.com/others/sunday-read/Bitcoin-billionaires/articleshow/23236886.cms
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
(Visited 31 times, 1 visits today)
Related posts:
U.S. ‘coordinates weapon deliveries’ to Syria rebels: Russia
Philly mom faces jailtime due to New Jersey's strict gun laws
Colorado's Marijuana Legalization Campaign Goes To Court Over Deleted Text In Ballot Book
India gold smuggling at all-time high, despite Nepali kingpin's death
Guantánamo commander admits listening devices eavesdropped on lawyer meetings with clients
Why the ‘War on Drugs’ has been made redundant
The Food-Truck Business Stinks
New York woman solves her father’s cold case murder 26 years later
'What is Government?' Elementary Students Taught It's Your 'Family'
Budget Cuts Could Pull Navy Out of The War on Drugs
Florida housing market may get a boost from ‘boomerang buyers’
Get ready for the ‘War on Sugar’
Missouri threatens return of gas chambers for death row inmates
Is There Hope for Recent College Grads?
Kentucky sheriff says federal gun laws won't apply in his county