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❕NEWS India Sold 50 million shiv token worth $1.63 billion fir $463 million ...

L

LutherKing

Guest
Vitalik buterin , Ethereum founder donated 50 million shib tokens worth $1.6 billion to India covid fund which the country sold immediately and cashed $463 , the reason low volume , now at this time worth $1.6 billion

The experts say that they should have used to make it slow cashouts ..

Thanks :-)
 
I think probably they actually don't want to take any risk a real reason they sold off very fast , they should have still held the coin and no doubt when the price comes higher they would be able to make profit off the donation that have been rendered to them ,I think the ethereum founder also try for making such donation
 
But I thought that India government is against crypto currency. Because there was a time that I read not long ago that there government is planning to implement a law against the use of bitcoin and other crypto currency.
Now why have they received funds in crypto currency when they know that they are against it. I know that it is a joke for government of countries not to accept crypto currency. Because I know that either they like it or not, there will come a situation that will make them accept it. And an example is what has just happened to India.
 
But I thought that India government is against crypto currency. Because there was a time that I read not long ago that there government is planning to implement a law against the use of bitcoin and other crypto currency.
Now why have they received funds in crypto currency when they know that they are against it. I know that it is a joke for government of countries not to accept crypto currency. Because I know that either they like it or not, there will come a situation that will make them accept it. And an example is what has just happened to India.
i think in update it seems they have are now finding means on regulating cryptocurrency now , because they are not that interested in the ban on cryptocurrency like that ,I love what they are planning on doing India have the capacity to spread cryptocurrency existence kore
 

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