HACKER Q&A
📣 prakhar897

Why is Jack Dorsey and jayz giving bitcoins to India?


I can't understand who they are giving bitcoin to and for what reason?


  👤 blacklightpy Accepted Answer ✓
Indian government is in the process of banning all cryptocurrencies with their new bill which is said to be finalized this month. Nigeria has also banned cryptocurrency recently.

This is a trust fund for promoting Bitcoin in those countries where the governments are taking recessive steps. I think this is the only hope of turning down the ban in India right now.


👤 verdverm
probably a scam, do you have a reference to this claim?