McAfee Warns About Crypto War, Calls for Currency Independence
Outspoken crypto expert John McAfee is rallying the troops. In his latest video he warns of a looming war on the horizon, a war with the government, banks, and financial institutions that has already begun.
McAfee Calls Boycott for Financial Institutions Doing Business with the RBI
McAfee being the experienced person he is showed no fear and has asked for a move by financial institutions to stop doing business with the RBI. Sounds pretty drastic and unbelievable?
Cryptocurrencies are a solution that needs to be present in an ever-changing digital environment.
McAfee knows better than to give up!
Indians also are known for finding another route, in their terms called ‘jugaad’ might have already found another way.
According to information, there is one bank which is not in the RBI’s domain. That is the State Bank of Sikkim (SBS).
SBS isn’t authorized under Section 22(1) of the Banking Regulation Act, 1949 by Reserve Bank of India.
As a person by the handle of @counsellor115 on twitter replied to McAfee’s tweet- “John dont worry they cant fight bitcoin. Fighting btc is like fighting the sea current when swimming, you shall surely drawn”
Cryptocurrency is going into mainstream economics, and no one can stop it!
The ban that has stayed is pointed towards the RBI banning banks and other financial institutes from dealing with crypto companies. Indians can still actively take part in cryptocurrency exchanges. However, withdrawals and deposits using the fiat currency of the Indian Rupee will be stopped.
Informations collected from toshitimes and images from google images.
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