CS Jan 2022 | Page 8

transfer the wealth accumulated with the software youth . Therefore , it is running towards corporatisation . Because , the expansion of cryptocurrency is closely related to the support extended by powerful corporate forces . Elon Musk , the CEO of Tesla Inc and Space X , Twitter CEO , Jack Dorsey accepts crypto currency and owned it abundantly . Sundar Pichai , CEO of Alphabet Inc a subsidiary of Google proudly says that his 11 year old son is mining Ethereum . Similarly , Mark Zuckerberg , CEO of Face book , Apple CEO , Tim Cook said that they own Bitcoins . Further Jeff Ray Preston Bezos , the founder and CEO of Amazon says that he owns Bitcoins and Ethereum . The Bill Gates strongly opines that cryptocurrency is superior to legal tender . Thus , all the Global corporate giants openly promoting and supporting cryptocurrency i . e . fake currency .
The history of Dogecoin clearly proves that though anybody can
from page 04 Farmers ’ Movement .... movement . They are displaying their anger against all political parties participating in the electoral process . This anger is the greatest against the BJP , heading the NDA coalition at the national level . There are already some sporadic clashes among young leaders and the BKU at places like Abohar , Barnala and Rajpura in Punjab and at Sirsa in Haryana . At these places the farmers have deviated from peaceful protests towards mild clashes with the BJP leaders when the latter have tried to hold meetings or made provocative statements against the farmers ’ movement . If this remains unchecked it has the potential to escalate violence which can only cause harm to such a successful and peaceful movement .
On the whole the movement has wonderful achievements at its command . It has been able to solicit support from many sections other than the farmers . These include agricultural and industrial workers , employees of government and banks ,
8 create cryptocurrency , its survival , development and value will be decided , determined and dictated by powerful corporate forces . To ridicule crypto currency in 2013 Billy Markers and Jackson Palmer , both are software engineers created Dogecoins with the logo of Doge , called Meme coins . It is in the circulation of their internet community . Suddenly , its price started to rise . The Jackson Palmer co-founder of the Dogecoin left the group stating that the crypto coin is the instrument of exploitation and will make the founder rich . Meanwhile , Elon Musk , supported Dogecoin in his tweet . Interestingly , his every tweet lead to the rise in the value of Dogecoin . Its market capitalisation value reached $ 85 billion by May 5 , 2021 and its annual growth exceeded 20,000 times . Mark Cuber announced that it will accept Dogecoin in its transactions resulted in its sudden rise in the transactions of Dogecoin . The Space X declared on May 9 , 2021
writers and artists , students , small traders and commission agents , youth , women , lawyers , retired civil bureaucrats and police officers . A large number of NGOs have joined them in providing medical and health facilities , legal support and livelihood support to martyred farmers ’ families . The movement has generated a culture of equality at a practical level between persons of different religions , castes , regions and gender . It has created a new public discourse as a counter to the neo-liberal policy framework of development . This movement holds many possibilities for positive development in society and provides a new framework for solving agrarian crisis , saving ground water resources , adapting to the deteriorating environment and for a people-friendly model of rural life . The new discourse and peaceful nature of the movement has attracted the support of Punjabi Diaspora , political leaders and intellectuals at a global level . The positive effects othis that its first space mission will mobilize funds only through Dogecoin . Thus , the coin which is created for the purpose of satire became one of the important cryptocurrency due to the declaration of powerful corporate forces .
Conclusion
The cryptocurrency emerged in the process of delinking money supply from the government to privatise it . In view of its close association with the benefits of Imperialist exploitative forces , it is globalised in a short span of time . Thus , the survival expansion and growth of cryptocurrency will be in the framework directed by corporate forces . It is a strong financial instrument to loot common people . The Imperialist exploitative forces always discovers the instruments of exploitation . Therefore , the exploitative system should be rooted out to end all forms of exploitation instruments . This warrants the building of strong people ’ s movements . j
movement will be felt in India and abroad for years to come . It is of utmost importance that the movement remains focused and steady on its goals and retains the peaceful mode of protest . It has to insulate itself from external pressures and provocations from the ruling classes and from internal conflicts arising from differences on mode of conducting the movement . The movement also needs to control and manage the dissipating patience among the youth and of radical elements within the participating unions . j
We invite articles and comments from different States on various problems and struggles of people . We request financial contributions also .
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