Blockchain Bros Should Beware India’s Crypto Crackdown

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China has banned cryptocurrencies outright, and the West is looking to regulate them. India is taking a different approach: Tax them to death.

One of the world’s most spectacular crackdowns on cryptocurrencies has unfolded in the world’s second-most populous

nation over the past several months. If other developing countries in Asia choose to take a similar approach, already

 

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West is trying to use cryptos to attract foreign investments which will fund your massive debt and enable Fed balance sheet taper 🤣🤣

The government's need to F off and leave their citizens alone and stop stealing their money. Governments are too bloated and controlling.

xeulebot

Oh because that ever worked out 🙄 Next thing you know they are too big to fail and will run the world without being elected or crowned by God

RikkiAxl

I dislike cryptos for the most part but this story has been recurring for the better part of 4-5 years. Has never had a lasting impact

We have heard this story before in 2019, 2020, 2021, 2022. It’s nothing but Government FUD.

Taxing something that is unstable doesn't seem like a bright idea...........................

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