Post
Topic
Board Bitcoin Discussion
Re: Government aid being scammed. If the same had happened through bitcoin?
by
YOSHIE
on 09/09/2020, 07:49:35 UTC
My question, if this has been done through bitcoin or any other cryptocurrency what'll be the remedy.
I think the government in your country, don't wanna do it.
Reason:
Aid is channeled to farmers in the form of cash (rupees), that's better, it's just that the application for channeling funds must be changed to the highest security methods of hackers.

Your government knows, Crypto/Bitcoin is very sensitive from its price movements, when it goes up and down, who wants to take risks, of course there is nothing.

For that, any direct cash assistance that is carried out by the government must be accounted for in writing and in real time, for any expenditure of funds that want to be distributed to the recipient.

I think your government won't accept headache medicine, You know what I mean, dealing with the law.