Twitter has been in the forefront of the Information war against India in the recent days. It is now clear that this is not just a “freedom of speech issue” for Twitter. It wants to take its fight further to help the terrorists who consider Crypto Currencies as their birthright and are opposed to the proposed legislation on banning of crypto currencies in India.
Naavi.org had flagged the possible use of Bitcoins in financing the farm law agitation which had already been corroborated with the involvement of Canada in financing of the agitations. Now it is clear that Twitter is also a sponsor of the “Currency of Criminals”.
indicates that even as the Indian Government is planning to ban all cryptocurrencies in India, Twitter CEO and Co founder Jack Dorsey and American Singer-songwriter Jay-Z have set up a Bitcoin Trust to fund Bitcoin development in India and Africa.
This is another warfront for Mr Modi to handle and has links to the demonetization and subsequent conversion of black money in India to Bitcoins by many tax evaders including political parties.
The need for banning Bitcoins and other crypto currencies is stronger than ever and the Government needs to take quick action before the Modi opponents re-group under different fronts.
Bitcoin was one of the reasons for the failure of the demonetization and this cannot be allowed to flourish irrespective of whether Elon Musk supports it or there is opposition from political parties in India or even if some foreign Governments support it.
Naavi