And bitcoin, or rather say, cryptocurrency, took that power from the government. There was no bank, no RBI or no scrutiny around your money.
source https://www.google.com/url?rct=j&sa=t&url=https://economictimes.indiatimes.com/news/economy/policy/what-happens-to-the-cryptocurrency-you-buy-if-india-decides-to-ban-it/articleshow/85732191.cms&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNF5llG-X0fzQWiKOk4isu0B0Jzh_w
source https://www.smartmoneymanagement.space/2021/08/what-happens-to-cryptocurrency-you-buy.html
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