#Bitcoin has been on a dream run growing by over 280% over a year! Given its decentralized nature, Cryptocurrency has been touted as a regulator's worst nightmare and also as the future for digital economies
Everybody has heard of #bitcoin and cryptocurrencies by now.
Everybody has heard of #bitcoin and cryptocurrencies by now.
Yet, most people don’t know enough about them and there are very few experts
@balajis, Ex-CTO of Coinbase, though has a deep understanding of this space. Here are a few points on the potential of crypto from his recent post:
balajis.com/why-india-shou…
@balajis, Ex-CTO of Coinbase, though has a deep understanding of this space. Here are a few points on the potential of crypto from his recent post:
balajis.com/why-india-shou…
1. Cryptocurrency has become a Trillion-dollar industry in just 10 years.
2. More than $5B in venture capital has been invested in cryptocurrency startups by the world's top tech investors
3. India could launch a digital rupee – and back it with digital gold.
2. More than $5B in venture capital has been invested in cryptocurrency startups by the world's top tech investors
3. India could launch a digital rupee – and back it with digital gold.
4. Crypto can be a pillar of India’s foreign & domestic policy. It defends national security by preventing de-platforming, can deter fraud via on-chain accounting, and offers a decentralized alternative to a new Cold War
5. As the world's 3rd-largest economy in PPP terms, India could lead a decentralized movement to develop fair crypto platforms, neutral international systems
Do you see any crypto companies worth tracking in #India? Who do you respect in the crypto space?
#Entrepreneurship
Do you see any crypto companies worth tracking in #India? Who do you respect in the crypto space?
#Entrepreneurship
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