India Loves Their Cashless Society, But Hates Bitcoin! - Here's Why
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In this video, Luke Rudkowski of WeAreChange talks with Josh Sigurdson of World Alternative Media about the latest news in cryptocurrency.
One of the biggest stories of the week has been the major dip in the price of Bitcoin and with it, most other cryptos. This happened after India's finance minister Arun Jaitley announced that he wants to crack down on people not paying taxes including cracking down on Bitcoin. Once again, like we've seen before past dips, the media misreported it and claimed he wanted to ban Bitcoin causing a massive drop in the value.
Meanwhile, India has one of the world's most significant cashless societies. There's a big difference however which is explained in the video.
In other news, Facebook has banned advertisements of cryptocurrencies or ICOs in another attempt to nanny the public while opening the door for people to invest in the stock market and bond market interestingly enough as we see both bonds and stocks heading downward after reaching a peak.
And finally, it appears that eBay could now start accepting Bitcoin after ending their deal with PayPal. With the lightning network also being rolled out there are a lot of upsides long term, but the market looks bearish in the short term.
The views expressed in this video are our opinions and not financial advice. Please do your own due diligence.
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The Changey McChange Show!!!
India will like crypto soon enough good things take time
Same here.
That's the corniest shit I have ever heard.
I like this meme. the boaty mcboatface meme. http://knowyourmeme.com/memes/boaty-mcboatface
It is a memetics HACK used to expose that public polls are often not genuine. This name would at least show the poll was real and that you listen to your audience.
Why Dan whyyy! :/
And you upvoted your own comment you jerk. lol
I've been in the crypto markets for a while now, and I've never seen this much FUD: credit card companies banning crypto purchases, conflicting statements on regulation from many countries, Tether/Bitfinex BS, etc..
Nobody knows what the F*** is going on right now!
I think it's because more and more people are using it and accepting it as actually having value. It's freaking out the traditional institutions and governments because they are afraid of losing their power. What's the old saying? First they ignore you, then they laugh at you, then they fight you, then you win. Looks like we're on step 3 of 4!
Nice dovetail
crypto is going to get new high in this year or start of 19 bcoz manipulators want to break patience of anxious holders and want to buy in much possible dip
Tales from the Crypto
LOL
I vote for the "Crypto Cunt Show".
I second that
I remember you saying you couldn't see which post was top voted on YT a week ago. Mine was top voted :) Hope you like it. Tales From The Crypto!
If people in India hate Bitcoin, they are idiots
No They Don't. I should know .I am from India. The Author is Dumb !
We're talking about the Indian government which we make PRETTY clear. lol
luke! I am your father
I predict, this year, BTC will go past the moon and all the way to Uranus.
Yes, the standard of living in India is very low
I think that you are wrong
I believe WeAreCrypto or even WeAreWealth could be good names for the show, as they are related to the brand, depending on how bullish you want to be I think. Great work, keep it up!
WeAreCrypto nice
WeAreCrypto is perfect.