Crypto & India

Kudos to the Indian Government to warm heartedly embrace the block chain technologies and empower the Indian youth. Any new tech will definitely come with its own disadvantages but in spite of the hats off to the finance minister and the government, bodies to accept cryptocurrency. Taxes levied may be steep but it's a must for the Indian economy well as the newer gen to understand the dangerous aspects of the crypto universe and still embrace it positively.

The main concern against accepting crypto would be the environmental concerns caused because of the computing energy and excessive usage of electricity. we are so happy and proud to learn the intel is coming out with a bitcoin mining chip called Bonanza which will be giving a 95% higher hash rate and at the same time using minimal electricity

I would never ever want any Indian citizen to lose in cryptocurrency trading in any shit coins or meme coins. I strongly suggest completely und understanding the token-omics of every coin they invest in, doing their own due diligence and only then think of investing.

I firmly believe that before anyone starts investing in cryptocurrency there few very important factors which has to be respected. The first and foremost would be to make sure that you trade on safe crypto exchanges like Binance, Huobi Global, etc.

Never make the mistake of not having enough security and safety protocols set in your crypto wallet to avoid any hacker or scammer hacking your hard earn money.