Noting that the challenges faced by countries around the world are increasing, Indian Prime Minister Narendra Modi on Monday cited cryptocurrencies as an example, saying that the technology associated with it will make decisions made by a country insufficient to meet the challenges.
“Today, in early 2022, as we have this brainstorming in Davos, India also feels it has a responsibility to be aware of more challenges. Today, as the global order changes, so are the challenges we face as a global family. Increase. To tackle these problems, every country, every global institution needs to take collective and synchronized action. These supply chain disruptions, inflation and climate change are examples of this. Another example is cryptocurrencies,” said Prime Minister Mo Mo Dee was almost speaking on the World Economic Forum (WEF) Davos agenda on Monday.
“The kind of technology it (cryptocurrency) is related to, the decisions a country makes will not be enough to meet its challenges. We need to have a similar mentality,” he said.
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