Sunday, September 26, 2021
Page Mail

On cryptos in India

Dear Madam,
People are going crazy about cryptos and recently a country adopted bitcoin as its legal currency. That being said, why is there so much of hesitance when it comes to cryptocurrencies in India? It is well understood that there are aspects of them that make them risky, but if we take too long to address the elephant in the room and by the time we find out that they are the future, we might already lose the train. The government must share what it is doing about it and what are the prospects as well as risks associated. Simply staying mum isn’t doing any good. People are investing already, but many are awaiting a move from the government and the government should understand this.
Animesh Dhar, Dimapur