Indian govt: Either outlaw crypto totally or regulate it
Indian government's reluctance and sluggishness to regulate cryptocurrency will have great telling on Indian economy. Cryptocurrency is indispensable in a foreseeable future of a decade or so. Even if he government is so skeptical on DeFi or self-custodian banking, it should embrace it's citizens' desire and pursuit. Blockchain inherent trait is traceability. More than 10% of fraudulent transactions and ML ( money laundering)are in reality ,happening on traditional banking or finance whereas only about 1% the world is witnessing ML in crypto world. Sometimes it seems the Indian government is exercising it's superciliousness or highhandedness just because it's in power. The government should rather exhort and incentivize true-blue and willing citizens who are voluntarily adhering to the regulatory systems incorporated by the government. India is much acclaimed as the fourth largest economy in the world. But the strictures and ambiguity on the crypto roadmap have really dampened the image of the current regime. Either outlaw crypto totally or regulate it.
Indian government's reluctance and sluggishness to regulate cryptocurrency will have great telling on Indian economy. Cryptocurrency is indispensable in a foreseeable future of a decade or so. Even if he government is so skeptical on DeFi or self-custodian banking, it should embrace it's citizens' desire and pursuit. Blockchain inherent trait is traceability. More than 10% of fraudulent transactions and ML ( money laundering)are in reality ,happening on traditional banking or finance whereas only about 1% the world is witnessing ML in crypto world.
Sometimes it seems the Indian government is exercising it's superciliousness or highhandedness just because it's in power. The government should rather exhort and incentivize true-blue and willing citizens who are voluntarily adhering to the regulatory systems incorporated by the government. India is much acclaimed as the fourth largest economy in the world. But the strictures and ambiguity on the crypto roadmap have really dampened the image of the current regime. Either outlaw crypto totally or regulate it.
People are always beguiled by anecdotal rumours or cock-and-bull stories. It seems honey-tongued influencers can wheedle pliable gulls in the way they want. One learning for all of us is to put our thinking cap on the cajoleries or blandishments. OM had been sugar-coated with shedloads of synthetic adulations that it would skyrocket on the RWA landscape. But much to the disillusionment of the avid crypto enthusiasts , it floundered. Overreliance on the fallacious media, gimmicks or gambits will ruin our savings. It seems that iconic Binance should develop credibility ratings on benchmarks or yadsticks that are so entrenched that gives guidance on the volatility of the products. Crypto newbies are always hornswoggled by the hype or hyperbolic embellishments or embroideries etc of the merchandisers.
BLOCKDAG's fame is catapulted by Inter Milan's entry to the grand finale of the top-notch UEFA champions league. Inter scraped past gritty and stout-hearted Barcelona in the semi.
A win for Inter Milan may uplift BLOCKDAG's price to 10$. So, hurry up.
My dear friends, Blockdag is its last lap going for launch. There's great offer before the launch. It's launch price is set at 0.05 USD but now it is underpriced at 0.0019 just for few days.
As crypto adoption intensifies, countries across the globe have to deepen their involvement in order to bridle or have a tight rein on financial irregularities. The crucial and harrowing problem lies in the lack of insights from leadership. All crypto enthusiasts are not defaulters or felons etc. The intimidating news from irresponsible media dismays or terrifies new tyros. Blockchain's inherent mainstay or linchpin is transparency and traceability. AML or illicit payments in traditional finance outnumber the percentage over that of DeFi. Governments across the globe just need to nudge their banks to implement infallible or failsafe regulatory systems to ease end users. Scamsters , fraudsters , ransomwares, cybercrime etc defrauding naive traders are few and far between . Governments can collaborate with Crypto exchange team to trail and curb illegitimate activities. Whip-smart cyber terrorists can contrive ,sidestep diagnostic processes or apprehension by crafting sophisticated cross-chain. No point to fight a futile battle. It's better to endorse or plug exchanges that incorporate copper-bottomed securities compliance inbred with traceable lineage catalogue.
Cryptocurrency landscape has been seeing ups and downs owing to market turbulence machinated by America-first campaign of unforgiving Trump. Rocked by uncertainties , pusillanimous investors are sheltering into safer havens such as gold. Instead they should explore innovatively on new avenues harnessing or mobilizing crypto flag-waving enthusiasts. Blockdag is one such prospective entity that's quite promising with 212.5 million USD raised. Blockdag started gaining massive strides and traction because of it's unique features and large community-based support. It has broadened it's awareness campaign exceedingly well. Market rebound is everyone's outlook.
Few excerpts from renowned media organisations
❤️🔥 “Capital keeps pouring in the project, this reflects a robust confidence in BlockDAG's unique position within the landscape of blockchain and its applications.” - Forbes 💫 “At this point we can tell you that the private sector is eyeing BlockDAG Network and a potential $100 million investment in sight.” - Yahoo! Finance 🔥 “BlockDAG is truly democratic: it is attracting an ever-growing, more diverse user base and global audience.” - Bloomberg 🚨 “Sponsorship deals between crypto companies and high-profile soccer outfits are particularly hot this season. The latest iteration involves blockchain firm BlockDAG and two of Europe's top clubs: Italy's Inter Milan and Germany's Borussia Dortmund.” - Fox News European top football club Inter Milan is now officially part of #TeamBlockDAG and propelling us even further into the spotlight. 🚀 On our way to $600m raised! BlockDAG Network is on track to break records. This is your chance to join the "fastest-growing ICO in history!" #MarketRebound
No need to panick. Don't believe me blindly. But Just read the entire chronological events and news on the fruition of BlockDAG. I can shed more light on this...
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Join Blockdag in presale. I exhort you. I did it so that I don't regret. Whales are jumping into this highly prospective project 212 million USD raised without venture , just imagine. Also it's spearheaded by a reputed and decorous technocrat, pioneer of DAG .
The sporadic or erratic network glitch in Binance discommodes especially when I am chasing for prospective links. Is there anyway the admins are straitjacketing or trammeling some users who are having lower balance or is it equitable for all ????
The surging presale of Blockdag gives impetus to new unexplored avenues of cryptocurrency. With prosperous outlook ahead early adopters will jump into the bandwagon and profit from the underpriced offers. Cryptocurrency is overcrowded by multiple will-o-the-wisps but their underwhelming performance disenchants or dissatisfies enthusiasts. People are thirsting or yearning for sustainable source of income. Blockdag product is termed with multi-pronged solutions on crypto space or landscape. The downtrend and despondence in BTC,ETH , XRP ... will cause whales and enterprising investors to look for greenery pastures. In a rollercoaster market mindful folks will search for safer sanctuary.