Mentor’s Comments-
- Brief explaining the concept of crypto-currencies, discuss their role as a new vehicle for money laundering or terrorist financing.
- Discuss various reasons for growing use of crypto currencies for money laundering and terror financing.
- Conclude accordingly.
Razor ID: #0000466569
Siddharth
Nice attempt. Content is good. Intro is fine. You can mention 1-2 benefits of cryptocurrencies after that and then come to risks. In risks you can also mention about it being anonymous in nature, lack of intermediaries in transactions making the transactions faster and without checks and balances.
Rest of the points are fine.
Way forward is fine, you can link it with current affairs by mentioning the proposed legislation to prohibit private virtual currencies in India.
Conclusion is fine.
Keep writing. 🙂
4.5/10