Union Finance Ministry has take a decision on a state-issued cryptocurrency soon but ban all private cryptocurrencies. The VHP leader had sought a ban on all cryptocurrencies alleging its usage to fund terrorism, drugs and other 'anti national activities'. As all private cryptocurrencies are still not considered as legal tender or coin in India, but the govt may introduce an official digital currency in India.
I think its a good decision by government.. What you guys think about it?
Lol, did you just say that it is a good decision that the government have made? Really, what makes you think that’s a good decision? Well, I am sorry to say that I think otherwise. The government is always saying that they don’t like bitcoin because it is being used to fund terrorism.I think its a good decision by government.. What you guys think about it?
My question is, all these years, before cryptocurrency, that different places around the world has faced terrorism, how exactly were they being funded?
Is there any other ways that they were able to fund these terrorists, if not with the Fiat? And what has the government been able to do about that? They were not even able to stop those that were funding terrorists even with the Fiat they control. It might surprise you to know that most of these terrorist groups are funded by the so called government.