Former CTO of Coinbase- Balaji Srinivasan believes that a crypto ban in India would reverse the nation’s economy and cost trillions of dollars. It would also be a reversal of economic liberalization in many ways. He also believes India would eventually have to “un-ban” cryptocurrencies by 2025 or 2030, to allure the people who had left the country due to crypto ban. India would get 20% poorer, instead of witnessing the economic growth planned for the next five years, if the proposal to ban crypto is finalized.