The Government of India is Miserable and Corrupt

The Government of India is Miserable and Corrupt

A well-known cryptocurrency enthusiast, venture investor Tim Draper (Tim Draper), sharply criticized the government of India, which is preparing a bill banning bitcoin and cryptocurrency.

“The government of India bans Bitcoin – a currency that gives great hope for prosperity in a country that desperately needs it. Shame on Indian leaders! Pathetic and corrupt! “, – wrote
Draper on Twitter.

Note that the reaction of people was not long in coming, many Indian citizens stressed that currently Bitcoin is not yet banned, and said that there is nothing for Draper to climb to where he doesn’t understand anything.

Recall that on July 15 in Scribd a document appeared entitled “Prohibition of cryptocurrencies and regulation of official digital currencies”, published by the lawyer Varun Sethi. The document implies a complete ban on any cryptocurrencies, except for the government-approved “digital rupee”. At the same time, people who continue to use, store and forward cryptocurrencies are subject to penalties, including imprisonment for up to 10 years.


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