The community of crypto enthusiasts all over the world is aware of the tough stance the government of has on crypto assets. This has aggravated even more after a draft bill asking for a complete ban on crypto was leaked online on 15th July and spread like wildfire on various social networks. The draft legislation has been drawing in all kinds of opinions since then from common people to the industry experts globally.
The latest one to join in the debate is Tim Draper, the world-renowned American billionaire venture capitalist. Draper has criticized the Indian government in strong words on their supposed ban on virtual currencies. He took to the micro-blogging site Twitter on 16thJuly calling the leadership of India corrupt and pathetic. He said the government banned Bitcoin (BTC) which could fuel prosperity in a nation that required it desperately. ‘Shame on India leadership,’ Draper’s tweet read.
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. Pathetic and corrupt.
Undoubtedly, Draper’s tweet went on to attract a strong backlash from the Indian community of crypto enthusiasts. Many users responded, criticizing Draper for giving such strong remarks on something which is not even verified yet. Several users, on the other hand, asked Draper to only believe the authorized court orders and not rumors like this.