Cryptocurrencies have gained massive popularity in India, especially among the country’s vast younger population from 2020. As cryptocurrency occupied one of the top spots on the trends list on Wednesday, social media users began discussing about it on Twitter, but with memes and jokes.
You have probably heard about Bitcoin, the world’s most popular virtual coin, or Dogecoin, the meme currency that took the internet by storm last year. The demand for these digital coins in India has been growing at breakneck pace, evident by the fact that there are 1.5-2 crore crypto investors in India, even as these are not considered as legal tender or currency by the government.
Now, the central government has given a jerk to the smooth sailing of crypto investors in the country, with a proposed bill to ban all private cryptocurrencies. Soon after the development, the values of multiple cryptocurrencies dipped sharply and netizens took to Twitter to share their dukh aur dard in a rather hilarious way.
We have compiled some of the best memes we came across. Take a look:
Jab bad luck hi kharab hai. *pun intended*
— Paras Jain (@_paras25_) November 23, 2021
10am: Let’s invest today!
— Divya Deora (@DivyaDeora1) November 23, 2021
Dil se bura laga
— Harshad Bhalekar (@harshad_17) November 23, 2021
Idhar chala, Main udhar chala?
— @KT (@_KaumudiTiwari) November 23, 2021
Bhai ne bola hai !
— Aditya Gona (@aditya_gona) November 23, 2021
Did you say ban?
— Harsh Patel (@HarshPa69110919) November 24, 2021
Indian stock exchanges be like:
7) Bill passed by lok sabha
8) bill passed by rajya sabha
9) passed on the President for assessment which it becomes law.
— Monkeyol (@monkeyol) November 23, 2021
Here are some more funny memes:
— Rishabh shah (@Pun_Intended___) November 23, 2021
— INCOGNITO (@rayeesparra) November 24, 2021
Indian Crypto holders right now: pic.twitter.com/V8gNmxgtss
— Udayan Parasar (@parasarudayan) November 24, 2021
It may be noted that top sources in the government have been indicating that India might not shut itself completely to the underlying technology involving digital currencies. However, more details will be revealed when the bill is tabled in Parliament.
Meanwhile, what are your thoughts on the memes?