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Author Topic: Bitcoin in a Blame Game  (Read 58 times)
pxo.011
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July 08, 2018, 03:39:43 AM
 #1

With all the emotion surrounding the fate and future of cryptocurrency in India, it was just a matter of time before Bitcoin entered big politics and big scandals in Delhi. This week, the Indian National Congress (INC), one of the two leading parties in the country, accused its major political opponent, the ruling Bharatiya Janata Party (BJP), of being complicit in a “bitcoin scam”. On Thursday, INC spokesman Shaktisinh Gohil demanded a judicial probe into an alleged money-laundering scheme using the cryptocurrency.


source: https://news.bitcoin.com/the-daily-bitcoin-enters-indian-politics-blockchain-obsession-grows/

well its not only those country thought bitcoin is a scam because there is a lot of people use investing scheme to take advantage to other trader.
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July 09, 2018, 05:00:06 PM
 #2

With all the emotion surrounding the fate and future of cryptocurrency in India, it was just a matter of time before Bitcoin entered big politics and big scandals in Delhi. This week, the Indian National Congress (INC), one of the two leading parties in the country, accused its major political opponent, the ruling Bharatiya Janata Party (BJP), of being complicit in a “bitcoin scam”. On Thursday, INC spokesman Shaktisinh Gohil demanded a judicial probe into an alleged money-laundering scheme using the cryptocurrency.


source: https://news.bitcoin.com/the-daily-bitcoin-enters-indian-politics-blockchain-obsession-grows/

well its not only those country thought bitcoin is a scam because there is a lot of people use investing scheme to take advantage to other trader.
I think bitcoin is uselessly get endulged in this political game, this is nothing but just a dirty political game, where one party is accusing its ruling and opposing party to blame on them because election are coming near. Bitcoin has always been in controversy because its valuation keeps on flactuation very frequently and this is the most common reason why the number of bitcoin lovers and haters keeps on changing but I don’t find this post to be that trust worthy that bitcoin in a blame game.

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July 09, 2018, 05:15:16 PM
 #3

Elections are near; so this FUD game is on now and will keep on continuing until a stupid theory will prevail over the minds of the gullible people that would be spread about by the manipulative ruling party in force.

Bitcoin in itself not a scam but its the people who devise out different kind of ways to use bitcoin as a scam and foster its use in a BLAME GAME as the OP says. But it is to be realized that this kind of dark use of bitcoin has a role to play in the market manipulation. It not only shakes the faith of the investors in the makket, but also weakens the market reputation.

So it is to say that it is better to avoid such kind of FUD if you want to stay back in the market in the long run. Otherwise your beliefs won't grow any stronger for the market in the long run.

  

 
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July 12, 2018, 09:32:08 AM
 #4

I think bitcoin is useless in this political game. Bitcoin is always controversial because its pricing is still volatile but I do not see this article as trustworthy enough to bitcoin the game.
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July 12, 2018, 01:25:27 PM
 #5

In politics, parties will always find anything they can say to destroy the other one's integrity. It's just sad that bitcoin gets dragged with politics.
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July 15, 2018, 03:40:15 AM
 #6

Bitcoin is always controversial because its pricing is constantly changing and this is the most common reason why the number of bitcoin lovers and haters change but I do not see this article as a worthy belief. with bitcoin games. Bitcoin in itself is not a scam but it's people who put out different types of uses of bitcoin as a scam and nurture the use of it in a BLAME game as the OP says. It not only shook investors' confidence in the maket, but also undermined the reputation of the market. Your beliefs will not grow stronger for the market in the long run.
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July 15, 2018, 04:18:20 AM
 #7

Indian National Congress has ruled over 60 years in India.  They are now out of power.  They are actually not habitual of sitting in opposition.  While in power they did several scams in hundreds of millions. 
But during four years  of Bhartiya Janata Party ruling; not even a single scam took place.  Prime Minister Modi is very much honest and hard working leader.  Congress was finding themselves unable to blame  the government.  Because in 2019 general elections are due so Congress started preparing grounds may be they are fake. 
So they created this false scam news on the government.  This is all baseless; false ; fake and politically motivated news because Rahul Gandhi's congress party wants power at any cost.

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July 15, 2018, 05:08:45 AM
 #8

With all the emotion surrounding the fate and future of cryptocurrency in India, it was just a matter of time before Bitcoin entered big politics and big scandals in Delhi. This week, the Indian National Congress (INC), one of the two leading parties in the country, accused its major political opponent, the ruling Bharatiya Janata Party (BJP), of being complicit in a “bitcoin scam”. On Thursday, INC spokesman Shaktisinh Gohil demanded a judicial probe into an alleged money-laundering scheme using the cryptocurrency.


source: https://news.bitcoin.com/the-daily-bitcoin-enters-indian-politics-blockchain-obsession-grows/

well its not only those country thought bitcoin is a scam because there is a lot of people use investing scheme to take advantage to other trader.

Some politicians take advantage on their positions and connections to execute their dirty business. With the news,  we don't  know yet if the accusations holds true. Sad to say,  Bitcoin was also used on illegal stuff,  just like fiat. People with immoral intentions would use any form of money to execute their transactions.  So it's not Bitcoin,  its not fiat but its the people.  So their must be something to improved on the system.
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July 16, 2018, 09:32:07 AM
 #9

With all the emotion surrounding the fate and future of cryptocurrency in India, it was just a matter of time before Bitcoin entered big politics and big scandals in Delhi. This week, the Indian National Congress (INC), one of the two leading parties in the country, accused its major political opponent, the ruling Bharatiya Janata Party (BJP), of being complicit in a “bitcoin scam”. On Thursday, INC spokesman Shaktisinh Gohil demanded a judicial probe into an alleged money-laundering scheme using the cryptocurrency.


source: https://news.bitcoin.com/the-daily-bitcoin-enters-indian-politics-blockchain-obsession-grows/

well its not only those country thought bitcoin is a scam because there is a lot of people use investing scheme to take advantage to other trader.
I think bitcoin is always been in blame game and now I am started getting that most of the people criticise bitcoin because now they are not left with any other political issues and that is why they are bringing the issue of bitcoin and want to get the chance of criticising ruling party once again and if we talk about the India then the congress and the Bharatiya Janata Party are supposed to be two major opponents and I thing they are bringing the issues of bitcoin in order to satisfy their political satisfaction.
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July 16, 2018, 09:38:55 AM
 #10

I think bitcoin is useless in this political game. Bitcoin is always controversial because its pricing is still volatile but I do not see this article as trustworthy enough to bitcoin the game.
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July 16, 2018, 09:47:27 AM
 #11

If someone can't regulate anything because they don't know the nature of it, it becomes controversial . The extremely volatile prices of Bitcoin gives it a bad name because there will always be someone who wants to jump on the train and ends up falling and breaking a limb. People who do not understand Bitcoin hear the news and want to buy low and sell high not knowing how its done.

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