Changpeng Zhao, Binance’s CEO in a tweet on June 7, 2019, stated that the proposed draft bill in India seeking the ban of cryptocurrencies will help to push the adoption of cryptocurrency and specifically, privacy coin. A number of cryptocurrency enthusiasts have also been quick to agree with the CEO.

Media Outlet Informs of Draft Bill to Ban Cryptocurrency in India

Bloomberg Quint on June 7, 2019, reported that India has proposed a draft bill which targets the ban of cryptocurrency in the South Asian country. According to the media, if the bill is approved into law, anyone found holding, selling, or trading crypto assets will face between one to ten years in prison. In the same vein, they will be fined thrice the profits made from their trade or the loss encountered by the system.

While the news has stirred a lot of controversy in the cryptocurrency space, several comments have been made in its regard. Changpeng Zhao (CZ), for instance, gave his stance when he said if India goes ahead to ban this asset class, then it will drive up the adoption of cryptocurrency globally.

On consideration, this goes contrary to what others may be expecting since blocking access to cryptocurrency in a region that accounts for 17.74% of the total world population could potentially impact on its price. Like others have pointed out, no one likes to be told what they can and cannot do and as such, it will only pique their interest. As a Twitter user stated, “There is a Buddhist proverb – the best way to control someone is to let them roam free”

News About Crypto Ban in India Yet Unproven to be True

Despite CZ’s tweet, a number of people have pointed out that the news emerging from India is yet to be proven to be true. According to them, the government is still framing guidelines to determine how it will regulate the crypto space.

Another user, Shalini (Indian CryptoGirl) while responding to CZ’s tweet said the best way to know the country’s decision pertaining to cryptocurrencies is to wait for the supreme court’s notice. Shalini also noted that while the news may have come from a reputable media outlet, anonymous sources were quoted and as such, it is a clickbait that is meant to spread FUD (Fear, Uncertainty, and Doubt).

CZ, on the other hand, made another tweet agreeing that the news is aimed at creating FUD, however, his comments were made as a way of stressing the point. In his own words: “But can’t waste an opportunity to stress the point: The more restrictions you add, the more people want freedom / #crypto.”

John McAfee Also Comments on Potential Crypto Ban in India

Apart from CZ, other members of the space that have aired their views regarding the potential ban include John McAfee, founder of McAfee Associates and Bitcoin proponent as well as Tony Vays, a cryptocurrency enthusiast. According to McAfee in two tweets which he has deleted:

“The war has begun. An entire nation wishing to free itself is now punished for using the instrument of freedom.”

“If there ever was a time for Anonymous to step up to the plate, that time is now!”

The post CZ Opines That the Recent Crypto Ban in India Will Bring About a Global Adoption appeared first on TechCavit.

With a lot of countries in view, Microsoft seems to continually see India as the key market for its next-generation Surface devices. The software giant, Microsoft, made mention yesterday the availability for its latest-generation Surface Pro 6 and Surface Laptop 2 in India. Microsoft also declared that the two devices could be bought via e-commerce platforms such as Amazon and retail outlets like Reliance, Croma and other outlets.

The power of Surface devices together with Windows and Office connected through the cloud, users have the ability and are inspired by their choice of Surface device. Microsoft believes that the readiness of these next-generation Surface devices will provide amazing use, and improve productivity for its users.

According to Country General Manager – Consumer & Devices, Microsoft India, Priyadarshi Mohapatra, “The use of Surface is a great assistance for its users to develop their vision and dreams. The attractive and stylish device cords together our finest solutions to set free users’ creativity and to perfect their focus on enhancing their craft. He added that Surface will be the best buddy to users looking for discovery in 2019 and will bring their innovative ideas to existence.”

The Price of Surface Pro 6

Model              Configuration              Price             Platform

LGP-00015 Intel Core i5/8/128 ₹83,999             Online and offline

KJT-00015 Intel Core i5/8/256 ₹110,999 Online and offline

KJV-00015 Intel Core i7/16/512 ₹176,999 Offline

KJU-00015 Intel Core i7/8/256 ₹139,999 Online and offline

The Price of Surface Laptop 2 in India

Model             Configuration              Price              Platform

LQL-00023 Intel Core i5/8/128 ₹91,999             Online and offline

LQN-00023 Intel Core i5/8/256 ₹119,999 Online and offline

LQS-00023 Intel Core i7/16/512 ₹203,999 Online and offline

LQQ-00023 Intel Core i7/8/256 ₹148,999 Offline

A quick review of Surface Pro and Surface Laptop 2

Surface Pro 6 features a redesigned architecture under its cover that distributes astounding power, though the refined exterior may seem a bit familiar. The Surface Pro 6 is designed as an instrument of versatility, portability, and power and it is said to be twice faster than its antecedent.

Surface Laptop 2 remains a favorite as it provides exceptional performance for users looking for a stylish but conventional device. The Surface Laptop 2 is sleek and light, with good speed and performance. Microsoft brags Surface Laptop 2 as not just a mainstay but a style statement.

Initial reports showed a refrain of Microsoft to bring its early generation of the Surface listing to India, but in 2015, the company decided to explore the Indian market, with a declaration that it would introduce its Surface devices to the country. The India market was opened to Microsoft as the company in October 2018 made mention the launch of its latest Surface devices in the country.

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