The Economic Times: Keep those in the Vault

GoI and RBI fear cryptocurrency as a ‘clear danger’ that could cause macro instability and dollarization. But it very well may be a lifeboat in the new world order. Cryptos, being borderless, permitless and immutable, are a tool to navigate parallel economies and deal with sanctions. The US govt itself has a substantial stockpile of crypto.

India should start stocking up on established cryptocurrencies like bitcoin and ethereum for its forex reserves early and at a reasonable price.