Crypto is dying a slow death in India 

- extreme taxes by the government 
- looming threat of official ban 
- crypto traders charging excessive fees 
- no deposit insurance for wallets
- wallets scams (deliberately) left uninvestigated by the government 

All of this because it decentralises power of the system away from the politicians

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Good points in favor of the belief that crypto adoption will not look like that of the internet, because the institutions crypto replaces have far more to lose than media companies