INDIAN ECON, POLITICS, SOCIETY + BTC PRICE

[vivekdhyani1]

^^ doubt it , high level politicians maybe low level nah..they prefer to keep it in either land owernship or mining business or build a school/college/institute (new trend started)..

20k is maybe less , it's probably around 25k-30k(capcitiy of our polticians to scam way higher) & maybe mostly consist of oposition parties & that's why Goverment is hell bent on going after cypto ..see you need money to fight election & best way to win election is to stop funding options for your oppositions ..they have done it in terms of indian currency with all digital record , they excatly know where money is moving , can't do that with crypto ..that's why these harsh regulation to make it harder to trade in crypto.

pretty sure goverment , won't mind sacrificing even BJP leaders(those who have btc) to achieve this goal.

[pawanjain]

Let's discuss something interesting, and it is all speculative because no one knows exactly how much is in it.

It is not wonder that almost every politician got unaccounted money somewhere so what are the possibility of they are keeping them as bitcoin and if they are then I wonder this will be a huge amount if we compile all the politicians across the country and not just at the leader level but at each level in any power associated with that party.

My guess it would be atleast 20K bitcoins, just pure imagination though.

I doubt that because if politicians were holding so much in bitcoin then they would have encourage crypto holding in India.
Politicians will go to any extent to save their money from taxes and that's why we would have seen a crypto friendly regulation in India.
But that's not the reality which is why I don't think politicians have much in bitcoin. I guess gold, real estate and cash is their major priority.

[TheUltraElite]

You might like to believe that politicians are holding BTC, if this was USA or UAE I would have believed it. But I have some doubt when it comes to Indian politicians, however this might become true as bitcoin continues to occupy the mainstream news media.

For now, big companies are storing BTC, this much we can take with surety. Individuals are also hoarding bitcoin for its future. We just need to make sure we increase our stash whenever the price drops.

[Bitcoin Smith]

You might like to believe that politicians are holding BTC, if this was USA or UAE I would have believed it. But I have some doubt when it comes to Indian politicians, however this might become true as bitcoin continues to occupy the mainstream news media.

We never know, they might act like ignoring, but secretly hoard all the coins for themselves. Everybody got an unknown side that will always surprise if it comes to public anyway those politicians got probably a team who are well educated and experienced in maintaining the assets without tying to the name of the politicians so even if these leaders are not aware doesn't mean they are not holding it.

[JSRAW]

You might like to believe that politicians are holding BTC, if this was USA or UAE I would have believed it. But I have some doubt when it comes to Indian politicians, however this might become true as bitcoin continues to occupy the mainstream news media.

We never know, they might act like ignoring, but secretly hoard all the coins for themselves. Everybody got an unknown side that will always surprise if it comes to public anyway those politicians got probably a team who are well educated and experienced in maintaining the assets without tying to the name of the politicians so even if these leaders are not aware doesn't mean they are not holding it.

Why only politicians tho

Politicians ke pass bahut options hai but i bet babus aur clerk level logo ne bhi daba kar rakhe honge thode bahut. Cash aur benami properties toh normal hai bhai logo ke liye.

[vivekdhyani1]

Indian Embassy in Tehran has urged Indian nationals in Iran to leave the country by available means of transport, including commercial flights.Indian Goverment has reiterated its advisory issued on January 14 this year, saying all Indian citizens and Persons of Indian Origin should exercise due caution, avoid areas of protests or demonstrations, stay in contact with the Indian Embassy in Iran and monitor local media for any developments.

It also requested the Indian nationals to have their travel and immigration documents, including Passports and Identity Cards, readily available with them.

I Knew it , Trump needed a diversion after that supreme Court ruling on tariff.Let me make another prediction , Indians won't leave & then will expect Goverment to Airlift in middle of conflict & will cry foul after landing in the country. 

[henmark]

Let's discuss something interesting, and it is all speculative because no one knows exactly how much is in it.

It is not wonder that almost every politician got unaccounted money somewhere so what are the possibility of they are keeping them as bitcoin and if they are then I wonder this will be a huge amount if we compile all the politicians across the country and not just at the leader level but at each level in any power associated with that party.

My guess it would be atleast 20K bitcoins, just pure imagination though.

Still, these politicians will leave trace some or the other place as purchasing bitcoins will involve bank transactions until and unless they find local dealers accepting cash. Even offline dealers are much cautious nowadays because of the taxation and they ignore cash dealings anymore as it is much risky and if caught by the government, can imply high penalties. These politicians might have enough contacts though to make the money disappear. They can use moles to redirect the money into their accounts.

What I think is, our politicians are not that smart when it comes to technology. Majority of the politicians are not even well educated, and they are far behind from the technology. They can only think about bitcoins if there is someone to guide them through.