Indian investment in crypto grows x200 vs last year

Crypto adoption growth – and thus the future of money – will definitely come from developing nations, as they tend to better understand its huge potential.

India is one of the driving forces, and it’s already becoming obvious: in one year Indians’ investment in crypto rose from $200 M to $40 Bn – a mind-blowing growth of 19’900% (data by Chainalysis). An estimated 15 M of Indians now hold crypto, but it’s not even close to over 900 M of adult population who have all the right reasons to use crypto: millions of unbanked people, unstable national currency…

Indian Central Bank is of course reticent, but the beauty of Bitcoin and other decentralized crypto is that popular adoption matters much more than bankers.