Clinton' comments came shortly once Indian Prime Minister Narendra Modi shared his crypto-related issues in an exceedingly theoretical speech at the state capital Dialogue. The prime minister same that “democratic countries should work along on digital currency to confirm that it doesn't fall under the incorrect hands.”
This approach was conjointly mirrored in a Twitter post denote to his account shortly after the speech.
“Take digital currency or bitcoin for example. it's vital that every one democracies work together on this and ensure it does not find yourself within the wrong hands, which might spoil our youth,” the tweet said.
Modi' comments come back as India' government and lawmakers are discussing new laws for digital currencies, with native observers expecting relevant legislation to be developed throughout Parliament' winter session that begins on November 29.
Meanwhile, Clinton' comments furious variety of social media users from the crypto world.
the general public get digital currencies as a result of the worth can go up and to not use them as currency. it's terribly doubtless that the those that use it as cash cannot reach the banks or hyperinflationary countries. does one know its several alternative uses? User Golden Crypto wrote.
Another user, referred to as AZchilly, commented that cryptocurrencies are literally "weakening the ability of central banks and their ability to print currency."
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