So our government is going to summon individuals who have invested in Bitcoin, suspecting they might be hiding 'Black Money' under the name of Bitcoin...

Guess the government

Hmm, India?

Is it India ? 😁

@RAZERZ @byte omg omg omg you guys are right 😂😂😂

Endia, because you are from Endia
Thats what our lovely and sexy neighbor call us xD

@jalebiBhai don't get political here... We have Twitter for that

Government

statement 1 - Money stored in bank is white

Also Government

statement 2 - Bitcoin is purchased using black money

And how do we buy bitcoin ?? Using banks

so basically,
statement 1 != statement 1

or money stored in banks is black money

@jalebiBhai that right there!!!

I think they are more concerned about the interest earned through bitcoin instead of how we bought it.
Tax are applied on interest too and there is no track of interests earned through bitcoin, hence they are behind it.

Your statement is hence invalid.

@github and why government is interested in interest. What it had done that it is looking for its share ?

@jalebiBhai Interests are taxable. Why won't they be.
As per the Income Tax rules, interests are included as income too.

@github i am asking what had government contributed in the development of crypto currency that it is asking for tax

@jalebiBhai In that case, if you invest in foreign stocks like Snapchat, and when you sell them, some part is cut as tax.

Does this country start with an I?

Leave those things for Twitter man. @jalebiBhai

@Thewebdev I thought we can talk about bitcoin and government obstructions here

It was about Endian.
@jalebiBhai

@nbamaral yes..it begins with an I as in India

english is very phunny language

@Thewebdev Big Endian or Little Endian.

Haha
I just study those things 2 days ago 😄@github