India Ban, Easy Names with Miami Style

Each week, I cover the &#8220;So what?&#8221; of 5 key crypto stories. Let&#8217;s go. <br/><br/>India Proposes Crypto Ban<br/><br/>BJP, India&#8217;s ruling party, has proposed a ban on private cryptocurrencies in favor of developing a national digital currency <br/><br/>So what?<br/><br/>My first question is why can&#8217;t they coexist? What&#8217;s the trigger? My sense is that some government officials have two fears - the first is cryptocurrencies will be be used by criminals and the second is that the central bank may lose some control if a significant portion of the economy moved on chain<br/><br/>And so...with the flick of a pen, an outright ban would exclude almost 20% of the world&#8217;s population from participating in private digital currencies. It could set the precedent for more nations to follow suit. <br/><br/>That said, while the ban would discourage interest, it might prove difficult to fully enforce. India already has 5-7 million citizens who own cryptocurrencies. <br/><br/>OKCoin launches blockchain domain name<br/><br/>OKCoin became the first digital currency exchange to to offer blockchain domain names by partnering with Unstoppable Domains<br/><br/>So what?<br/><br/>If you have ever had the nerve racking, heart thumping experience of transferring a large amount of cryptocurrency between wallets then you can relate. One of the steps involves copying and pasting the wallet address which is a super long mix of letters and numbers into a field. If one character is missing or off, then you risk sending your crypto to the wrong address and there is basically low to no chance of a refund.<br/><br/>But wait - there&#8217;s a fix for that. I&#8217;m excited about the ability to use a blockchain domain name like David101 instead of that super long mix of random letters and numbers. <br/><br/>I think this a great step in improving user experience and making this space more palatable for mainstream consumers who are used to seamless experiences with Apple and CashApp<br/><br/>I expect other wallets