Crypto assets are designed to be global - like internet. It should just have same taxation as other assets. Else breaking borders is inherent to crypto anyway. Govt need to work together and not against crypto. #reducecryptotax#faircryptotax Day-119 #IndiaWantsCrypto@Unocoin
For people who are admiring the tech behind blockchain, the price of crypto is least exciting part. But crypto and blockchain has to grow together as they feed each other. Unfair taxes are affecting both worlds. #reducecryptotax#faircryptotax Day-114 #IndiaWantsCrypto@Unocoin
India has all ingredients to take the best advantage of the crypto industry. English speaking population, tech-savvy, smartphone and internet penetration etc. Govt should be looking at adoption than taxation. #reducecryptotax#faircryptotax Day-112 #IndiaWantsCrypto@Unocoin
If the main intention of 1% TDS on crypto transactions is to track trades, the same can be achieved with 0.01% as well. This will help in keeping the market more liquid else the fair market prices will get skewed. #reducecryptotax#faircryptotax Day-87 #IndiaWantsCrypto@Unocoin
This year IPL seems to be filled with gutka, pan masala, gambling app advertisements.
Good crypto advertisements were not allowed, they are more dangerous.
By the logic given by the govt even stock market is gambling the difference is politicians have access to insider information to screw over the general public 😉
#reducecryptotax