Look Who it Was Random video

बिटकॉइन में आप भी करते हैं निवेश, ये खबर ज़रूर देखें। Bitcoin Currency Sceam in India

356 views · Published 30 December 2017 · 1:45 · Indexed 22 September 2026

Channel: VK News · 2017 · News & Politics

Watch on YouTube

बिटकॉइन में आप भी करते हैं निवेश, ये खबर ज़रूर देखें। Bitcoin Currency Sceam in India 

The Ministry of Finance has cautioned people against investing in virtual currencies and compared them to ponzi schemes.
"There has been a phenomenal increase in recent times in the price of Virtual 'Currencies' (VCs) including bitcoin, in India and globally. The VCs don't have any intrinsic value and are not backed by any kind of assets. The price of bitcoin and other VCs, therefore, is entirely a matter of mere speculation resulting in spurt and volatility in their price."
The announcement follows a string of warnings by both the Finance Ministry and the Reserve Bank of India against cryptocurrencies such as bitcoin.
Globally too, governments, regulators and experts have warned investors against jumping on the gravy train of cryptocurrencies, prices of many of which have multiplied several times this year.
 

Please Subscribe Viral Kida on You Tube For more update about latest news & entertaining videos, 
Fallow us on- 
Website-    
Facebook- https://www.facebook.com/ViralKidaNews/
tweeter-       
Google+-   
Instagram -

More from this channel