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RE: More Reasons To Buy The Dip: The Future Of Online Is Offline (Yes, I Mean It 😜)

in #internetofvalue • 6 years ago

That's not only happening in India and clearly demonstrates that we need more educational efforts. Cryptocurrencies are not intended to negate the established systems but to offer better ones as an alternative. As long as we promote crypto being our chance to undermine any type of authority or existing law, we'll never get what we want. We need to cooperate and build partnerships, convince banks to join the crypto markets instead of trying to keep them out. That's at least my point of view...

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You are right only education can solve this problem otherwise people often see cryptos as the method to get rich faster using ponzi schemes. Look at this news, trending all over the internet and coming from India where RBI has put a ban on cryptocurrency.
https://cointelegraph.com/news/police-arrest-alleged-india-head-of-now-defunct-bitconnect-scam
What are your thoughts about it and how the government should do to educate people? India is a large country and literacy rate is not good. That is why government thinks people fall prey to these schemes very easily.