With the fact that elections are on the way in most of the countries like India, do you guys really think that it can affect the crypto currency and its market?
I am referring this in terms of political campaigns where huge money is flooded on the campaigns to attract Votes and give them reason to vote really.
I do think that there will be a change in the stand on how the crypto market will regulate after the election, there must be a shift from the current government as they have not done many things other than talking about improvement and new jobs and there is nothing evident till now. Huge money will be flown around during these election campaigns and i am not sure how transparent how these things are.
For example, inhere, politicians may start building new projects for roads, highways, infrastructure, parks which will ease the life of people and thus will create a sense of working in their hearts. This is more or less bribing in white way but yeah whatever.
If the government has not started any project now, are people that narrow not to understand those gimmicks.
In this case, would they be accepting crypto currencies or giving legal status to use the crypto so that it can attract crypto people to the political parties and earn some votes for it ?
I understand it is the worlds second largest population but the percent of crypto users are below one percent of the total population and that will not bother them in the grand scheme of elections and i do not see any regulations being implemented any time soon.