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Editorials/Opinions Analysis For UPSC 17 June 2022


Editorials/Opinions Analysis For UPSC 17 June 2022


Contents

  1. Bulldozer injustice to ‘teach a lesson
  2. The reasons behind the crashing crypto market

Bulldozer Injustice to ‘Teach a Lesson’


Context

The use of Bulldozers on the accused of various violent incidents in the country has drawn ire from certain sections of the society who believe law shall take such decisions in a civilized society.

Relevance

GS-II: Functions and Responsibilities of the Union and the States

Dimensions of the Article

  • Bulldozer justice
  • When the state acts
  • Fundamental rights
  • An illegality
  • Need for accountability
  • Way Forward

Click Here To Read More: Bulldozer Injustice to ‘Teach a Lesson’


The Reasons Behind the Crashing Crypto Market


Context

Bitcoin and many other cryptocurrencies have been crashing since they hit an all-time high late last year. Bitcoin has lost more than two-thirds of its value since it hit a peak of around $69,000 in November last year and is currently trading at around the $22,000 mark. Ethereum, another cryptocurrency popular among investors, has lost almost 80% from its peak. As a result, the overall market capitalization of cryptocurrencies has dropped under $1 trillion for the first time since January 2021.

Relevance

GS-III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.

Dimensions of the Article

  • Why are cryptocurrencies crashing?
  • How do governments view cryptocurrencies?
  • Will cryptocurrencies rise again?
  • End of the road for Cryptocurrencies?

Click Here To Read More: The Reasons Behind the Crashing Crypto Market

 


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