The institutions really do not know what to make out of with crypto. We see this with governments, banks, and corporations. It is rather funny to watch in a way (if it werent so sad).
Keep building. By the time they figure all this out, things will be much bigger.
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Yes T, you are right. It is rather funny. 😅
I think they are just confused and scared about the future of crypto in India.
They don't understand it and that is why they fear it.
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