Hello everyone,
This is my second post on the @Steemit platform. Today, I am looking at the a possible fact that right-wing governments are wary of crypto-currencies.
The Trump administration has made efforts to control the bitcoin frenzy but the US may not be the worst place for cryptocurrencies. Other right-wing governments like those in India, Pakistan and other South-Asian countries have been slow to recognize the rising role of cryptocurrencies.
India which is currently trading high volumes on bitcoin, ripple and ethereum hasn't in fact made any efforts to legalize or regulate the currency. Also, there were some raids by the Tax Departments at some of the crypto exchanges across India.
This is setting a dangerous trend across the globe, especially among conservative right-wing nations.
Leave your responses and views in comments.
