Another statement from the same Rajya Sabha MP from the ruling party might give us an idea as to why the government has imposed such a harsh tax system for crypto transactions. This interview was published two days back and in this article, he has clearly stated that the government of India will make life hell for crypto investors.
Read the articles here.
It does not mean that the government has taken this decision just because of some low IQ MP thinks investing in cryptocurrency is gambling.
Sushil Kumar is a so called M.Sc in Botany yet all his tweets are in Hindi and he's the finance minister of Bihar. I wonder if his degree is legit.If only he would have read Mastering bitcoin now that it's available in Hindi, then he would have understood why crypto is a necessity and not gambling.
One should absolutely criticise his recent fuckery when he gave bizarre speech in Rajya Sabha regarding tax but what's the connection in between his MSc degree and tweets in Hindi?
I hope you're not implying that if anyone using Hindi or their mother tongue is anpad-gawar-illiterate and fraud as far as their degrees are concern?
I'd like to believe that you don't practise this behaviour irl but if that's the case then best of luck in ridiculing and looking down at 90% of Indians.