Infosys co-founder Nandan Nilekani Supports Crypto as Asset

Crypto prices are going down and its has been happening consistently. This price drop has been making new people worried but the ones who have been part of it for the last few years, are not at all worried.

India has been in crypto news for quite some time because of various updates including RBI intervention. Today Infosys's chairman and co-founder Nandan Nilekani talked about crypto and his point of view is positive toward crypto and digital assets. This is the second good news for the Indian crypto community and such news plays an important role to bring more Indians in crypto.

src

Just like you have some of your assets in gold or real estate, you can have some of your assets in crypto…I think there’s a role for crypto as a stored value but certainly not in a transactional sense," Nilekani told the Financial Times in an interview.

src

Nandan Nilekani is a popular personality and coming such a statement from him makes a positive impact and now its creating a kind scenario where we might see the regulation and banning is not expected. He said that crypto is a digital asset and it can be considered the same way as we with other stuff like- gold or real estate etc.

src

Crypto has the power to put a bigger positive impact in the economy and if govt brings positive regulation, and a favorable atmosphere for the crypto industry then things will be way better. LIe these days exchanges are getting millions of new users every month. Surely bull run is one of the reasons to get more people coming to the crypto space but if everything will be easy here then these people are going to stay here and this will help the community grow.

I think, frankly, the opportunities today are better than ever before," Nilekani said. “In the 40 years I’ve been in this industry, I’ve never seen so much change and acceleration happening.

src

I surely agree with him that crypto has given a bunch of opportunities and still its the beginning. There is a lot to come in the coming years and lots more are under development that will embrace the community. We never thought 2 years back that we would things like DeFI, NFT, Staking income, services like banks including loan with low interest, cards, and above all its place where we can create financial freedom through all these instruments.

I believe that things will be so exciting in the next 3-4 years and by the year 2025, we will have highly advance crypto segments having a big bunch of products and services to cater to the increased demand and userbase.

Thank you.

Posted Using LeoFinance ^Beta