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RE: India is going against the future economy.

in LeoFinance2 years ago

Nothing like betting against technology.

It just shows how asinine politicians are around the world. They are corrupt and so power hungry they will destroy their countries future to maintain that power.

Six months is a long time in the development world. Hopefully there will be enormous break throughs and pushes forward that will make this legislation pretty meaningless.

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This move will impact the crypto markets as well @taskmaster4450le.

They are corrupt and so power hungry they will destroy their countries future to maintain that power.

The current ruling party (called BJP) is known for its fascistic tendencies & this will be a no surprise to me if they pass such a law. The good thing is that these clowns do not understand that they still cannot restrict someone to buy and hold crypto or even trade cryptos. Unless they shut the internet in the country, lol. (Not So Fun Fact: 70% of the global internet shutdowns in 2020 were from India). That would be crazy.

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They will regret it... Bitterly.

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