Balaji Srinivasan on the ban of Cryptocurrency in India | StartUpCentral
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 Published On Feb 16, 2021

On this Segment of the StartUpCentral, we have with us one of the most renowned investors and experts on the Startup ecosystem who is now relocating from Silicon Valley to India. Balaji S. Srinivasan joins us to talk about the ban of cryptocurrency in India by the BJP. He says banning Cryptocurrency is comparable to banning the internet. Irrespective of what the Government thinks, India will have to lift the ban and encourage Cryptocurrency in the coming years because everyone around the nation is experiencing this change, so if India pulls back right now they will have tons of setbacks as compared to the entire world. Bitcoins are also a much more efficient financial system that will help capital inflow in India and banning Cryptocurrency is not a thought-through move, he added.


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