@firepower Its happening and it is sad.
India has so many tech enthusiasts like me. There are so many engineers and I see them helping other teams out of India, bring their ideas to life. But normal people here are so scared to create technology for themselves. Government is sending all negative signals.
I am a CA, working with clients who come to us to participate in this crypto frenzy. Some people don't know anything, others know, but are too scared to do anything, fearing that they will lose their money.

Government is not stopping jio from bringing its coin, Salman Khan's family launched a coin, which is nothing but a scam. No steps are taken to stop them. But common man is told to disclose whatever they have earned from bitcoin.
Why can't we have proper regulations? Why can't we promote innovation, instead of killing it...