Recently Tim Draper, the American billionaire, and venture capitalist criticized IMC’s proposed bitcoin ban bill saying that it will set India back by 40 years. Till now there were no comments on the draft bill by the Govt officials neither good or bad. But it seems that Tim Draper’s comment affected few leaders in India. Leaders of political and social cause criticized Tim’s view on India “Ban will set India back by 40 years”. “Akshay Patra” co-founder, Mohandas Pai, backlashed Tim saying, Very silly unwanted comments.