Sunday November 17, 2024

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

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

by Bitcoin.com November 15, 2024 1 min read

(Originally posted on : Bitcoin News )

Investment 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 […]

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