November 15, 2024

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India Urged to Embrace Bitcoin as Strategic Reserve Asset Amid Global Unrest

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India Urged to Embrace Bitcoin as Strategic Reserve Asset Amid Global Unrest
India Urged to Embrace Bitcoin as Strategic Reserve Asset Amid Global UnrestInvestment firm Bernstein has urged India to recognize bitcoin as a strategic reserve asset, highlighting its potential as “digital gold” amid global financial risks like inflation, U.S. debt, and geopolitical instability. Bernstein argues that India’s current focus on central bank digital currencies (CBDCs) and its classification of bitcoin as a “private currency” overlook BTC’s key […]