#AmitShah #unionminister #cryptocurrency #cryptomarket
At a time when the crypto market is in chaos due to the collapse of FTX, the Indian government is firming up its stand against virtual currencies. Union Home Minister Amit Shah, emphasized on Friday, the use of the ‘darknet’ by terrorist groups to spread radicalized content and that there is a need to find solutions to such dark networks which saw an uptick in the use of cryptocurrency. The Home Minister was addressing the third ‘No Money for Terror’ Ministerial Conference and stressed on the need to build efficient operational systems against virtual asset channels. He said that despite fortifying the security architecture and financial systems, the terror groups are still successful in radicalizing youth and also raising funding for it.
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– – – for all international businesses – tourism or any trade – – – this lecture is important – – – our experience show in the long run all virtual assets in shape of cryptocurrency collapses – – – as these are not real and not backed by monetary promises of Federal banks – – – we have seen in our own travel trade circle – some upsets – right ? – – – and now we are learning these are used to mobilize and fund terrorist outfits – – –
During downturn markets, just a few investors acquire equities at a bargain. During a raging bull market, all other investors purchase at a premium. Investors who purchase during weak markets have three characteristics: company knowledge, conviction, and a long-term outlook.