India announces Bitcoin as Fiat? Prime Minister's Account Hacking

Earlier this week, President Modi's Twitter account was briefly hacked. The account was quickly recovered, but during the hijacking, the account reported Bitcoin tweets and was subsequently deleted.

The Indian Prime Minister's Office tweeted: “Prime Minister Modi's Twitter account @narendrammodi has been temporarily hacked. The issue was reported to the Twitter platform and the account was immediately protected. Has been hacked. Tweet. "

At the time of the hijacking, Modi's Twitter account posted a tweet with a link. "India accepted Bitcoin as a benefit. The government bought and distributed 500 Bitcoins. For everyone in India."

At the end of November this year, Indian Finance Minister Nirmala Sitharaman (Nirmala Sitharaman) announced that the government did not intend to consider Bitcoin as a viable option.

This is not the first time that Modi's Twitter account has been hacked. In September 2020, a group of hackers calling themselves "John Wick" hacked Modi's Twitter account and posted several tweets urging people to "donate money" to the cryptocurrency charity.

Jaiveer Shergill, a member of the National Media Group of the Indian National Congress, said on Twitter that the theft of the president's account was the number one concern that exposed the network's insecurity. Advances in technology and reliability are forcing policymakers to recognize that network security is as important as border security and national security.