3 ms·
Crypto Currencies Spread Like MLM Schemes While Government Watches in Silence
- captn3m0 5y agoInvestors in India lost a lot of money already, but it doesn't seem to matter anymore: https://www.cnbc.com/2018/04/13/coinsecure-cryptocurrency-exchange-lost-3-million-and-it-thinks-its-security-chief-stole-it.html https://www.cnbc.com/2018/04/13/coinsecure-cryptocurrency-ex... Almost all crypto content on mainstream Indian media is sponsored or created by crypto exchanges (just a few of the many examples): - https://www.ndtv.com/communication/ndtv-partners-with-coinswitch-kuber-to-launch-crypto-content-across-platforms-2506805 https://www.ndtv.com/communication/ndtv-partners-with-coinsw... - https://wazirx.com/blog/wazirx-partners-with-cnbc-tv-18-lets-take-crypto-mainstream/ https://wazirx.com/blog/wazirx-partners-with-cnbc-tv-18-lets... When your revenue depends on partnerships with crypto exchanges, writing critical takes on crypto becomes so much harder. There's also the matter of a "Bitcoin scam" which is getting traction again, involves some allegations against politicians. - https://www.deccanherald.com/state/top-karnataka-stories/karnataka-crypto-scam-blacklisted-bitfinex-bitcoins-transferred-to-unknown-wallets-1048234.html https://www.deccanherald.com/state/top-karnataka-stories/kar... - https://www.thehindu.com/news/national/karnataka/cm-tried-to-tell-pm-about-bitcoin-scam-but-was-told-to-focus-on-giving-a-people-friendly-government/article37434888.ece https://www.thehindu.com/news/national/karnataka/cm-tried-to...