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RE: Indian Government Thinks Cryptocurrencies Are Similar To Ponzi Schemes!

in #bitcoin • 6 years ago

Nowadays it is much risky to keep money in banks, and after FRDI bill, neither government nor bank will have any liability of our money if the bank goes bankrupt. Secondly, if the VCs are not a legal tender then why they are collecting taxes on them. Totally confused government!

6 years ago in #bitcoin by
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     6 years ago 

    They are half right. They just need to turn it around and tell everyone the truth that modern aggressively run governments ruling the people are funded by future generations due to unsustainable future debt. Last I checked that was a Ponzi scheme's literal definition.

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     6 years ago 

    exactly !!
    The government have not clearly understood about cryptocurrencies and how they work.

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     6 years ago 

    you are correct. they must have already though how to loot people on crypto also...

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