Bitcoin (BTC) proponent and Tezos investor Tim Draper hit out at the Indian government on Twitter July 16 after alleged evidence appeared it was preparing to ban cryptocurrency.
Draper Appears To Mistake Draft Law For Genuine Ban. In a strongly-worded message, Draper, who recently took Bitcoin advocacy to Argentina’s government, called Delhi “pathetic and corrupt.”
“People behaving badly! India's government banned Bitcoin, a currency providing great hope for prosperity in a country that desperately needs it. Shame on India leadership,” he wrote.
The comments attracted immediate pushback from Twitter users, many of them from India, who argued Draper was not in touch with developments and was acting on hearsay.
The billionaire investor is well known for his support of freedom of Bitcoin use, having revealed a distaste for state involvement via overly strict regulation on multiple occasions.
Meanwhile, earlier last week, an Indian blockchain lawyer had uploaded what he described as "unstarred questions" released by the Ministry of Finance. It's a viable evidence of a draft questioning the ban of cryptocurrency in India.
Decentralized blockchains, especially Bitcoin’s, cannot be shut down by one specific party without amassing an inordinate amount of computing support.
- Hashpower 11 TH/s
- Mining days: 655
- Alghoritm: SHA-256
- Daily Fees: $0.86