The Indian Future Of Crypto: A Q&A With CoinSwitch CBO Sharan Nair And Finance Influencer Pranjal Kamra
How does one find out the intrinsic value of crypto? Is limited supply enough to consider Bitcoin a store of value? How will crypto power the future of the web? These are some questions on every investor's mind—be it those who've been investing in stocks or the ones that have invested in crypto in recent years.
To find the answers to all these questions and to know more about the future of crypto in India, finance influencer Pranjal Kamra interviews Sharan Nair, Chief Business Officer of CoinSwitch Kuber, one of India's leading crypto platforms.
Here are some of the questions that were discussed during CoinSwitch's Ask Me Anything session last week:
How does one find out the intrinsic value of a crypto?Sharan: According to me, intrinsic value is a very subjective thing. What's intrinsic value to me in certain aspects is not intrinsic value to someone else. However, I think the way to look at the intrinsic value of Bitcoin and other crypto assets is asking, what does it solve?
Bitcoin's greatest value comes from the fact that it's a store of value. Now, as of today, what are the existing sources of value? Sometimes it is gold, and you also have options with property. Now if you compare Bitcoin against gold or property, what you see is that Bitcoin is so portable that you can have billions of dollars worth of them in a small storage device. And it's highly liquid, so you can get money in exchange whenever you need it, unlike property or gold.
Taking all this into consideration could help you figure out how to evaluate Bitcoin. I am not a financial guy, and being a tech guy (laughs), this is how I would evaluate it.
Is limited supply enough to consider Bitcoin a store of value?Sharan: No, limited supply alone is not enough to
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