Why Vitalik Made a 500 IQ Play Today With the 1 Billion Dollars Donation

If you've been following the news lately, you would see articles written on how Vitalik Buterin has donated 1 billion dollars with Shibacoins he was given. Now onto the reasons why this was a really smart move:

1. The first reason why the donation was a smart play is that the country he donated Shibacoins to, India, had been planning on banning cryptocurrencies as a whole. With the donation being in an ERC-20 token, India would have no choice but to take the money as crypto, therefore improving the chances of the country re-allowing cryptocurrencies for its residents. This is bullish news for the crypto space in general, India being the second most populated country in the world would mean there would be more money being injected into crypto.

2. The second and probably the most important reason, Vitalik's donation is aiding the people who are suffering and dying due to a lack of hospitals and beds. Vitalik Buterin, who could have sold the Shibacoins off for massive profits, decided it was best to share that wealth with those that are not as fortunate. This donation not only gives help to India but also allows Vitalik to gain publicity and propels Ethereum's name forward.                          
3. Thirdly, Vitalik Buterin, with his 1 billion dollar donation, will be able to save an enormous amount of tax. This saves the young billionaire a lot of money, so the situation could be seen as a win-win.