As the world’s financial landscape transforms under the weight of digital innovation, a new question looms for corporate treasurers and decision-makers: should companies add bitcoin to their balance sheets? In India, where regulatory ambiguity meets risk aversion , the case is even more nuanced, blending regulatory caution, reputational considerations, and asset management philosophy. Drawing from my earlier idea making the case for Cochin International Airport Limited (CIAL) to hold bitcoin,...

As the world’s financial landscape transforms under the weight of digital innovation, a new question looms for corporate treasurers and decision-makers: should companies add bitcoin to their balance sheets? In India, where regulatory ambiguity meets risk aversion , the case is even more nuanced, blending regulatory caution, reputational considerations, and asset management philosophy. Drawing from my earlier idea making the case for Cochin International Airport Limited (CIAL) to hold bitcoin,...

Why build another tower when you can simply stack sats? That might sound cheeky, but ask any smart capital allocator and they’re already asking this while looking at rising real estate valuations and stagnating usage rates. Investors are waking up: capital is flowing from concrete to code.Capital Focusing Its Sights: From Real Estate to BitcoinGlobal real estate is a monster, valued at roughly $380 trillion as of end-2022, dwarfing global equity and bonds combined and eclipsing the entire val...

Why build another tower when you can simply stack sats? That might sound cheeky, but ask any smart capital allocator and they’re already asking this while looking at rising real estate valuations and stagnating usage rates. Investors are waking up: capital is flowing from concrete to code.Capital Focusing Its Sights: From Real Estate to BitcoinGlobal real estate is a monster, valued at roughly $380 trillion as of end-2022, dwarfing global equity and bonds combined and eclipsing the entire val...

India stands at a pivotal juncture in the evolution of digital finance. Despite ranking among the top countries in grassroots crypto adoption, meaningful usage of Bitcoin remains limited. To unlock its full potential, India needs a clear, compliant crypto ecosystem where trustworthy players can thrive.1. Regulatory Clarity Builds TrustIndia’s regulatory framework around cryptocurrencies is currently vague. While Bitcoin is not banned, it’s not recognized as legal tender either. The Supreme Co...

India stands at a pivotal juncture in the evolution of digital finance. Despite ranking among the top countries in grassroots crypto adoption, meaningful usage of Bitcoin remains limited. To unlock its full potential, India needs a clear, compliant crypto ecosystem where trustworthy players can thrive.1. Regulatory Clarity Builds TrustIndia’s regulatory framework around cryptocurrencies is currently vague. While Bitcoin is not banned, it’s not recognized as legal tender either. The Supreme Co...

Bitcoin mining today is unrecognizable from its humble beginnings. What started as a hobby for enthusiasts running software on their home PCs is now a global industrial arms race. Let’s examine how mining has evolved in scale, technology, energy appetite, and distribution across countries and why the growth continues despite periodic cuts to mining rewards.From CPUs to ASICs: A Mining Hardware EvolutionBitcoin mining’s history is a story of technical ingenuity and relentless indus...

Bitcoin mining today is unrecognizable from its humble beginnings. What started as a hobby for enthusiasts running software on their home PCs is now a global industrial arms race. Let’s examine how mining has evolved in scale, technology, energy appetite, and distribution across countries and why the growth continues despite periodic cuts to mining rewards.From CPUs to ASICs: A Mining Hardware EvolutionBitcoin mining’s history is a story of technical ingenuity and relentless indus...

This is an older article of mine I posted on medium.com. I am considering moving some of the articles to paragraph.com as I like this model better For context, it is easier to make case for a privately held public utility to explore Bitcoin than it is to make case for Kerala State. Eventually states will be able to adopt but to make things simpler we are using CIAL as an example.A green field Airport, implemented on a Public-Private Partnership Model for the first time in India.The saga of ma...

This is an older article of mine I posted on medium.com. I am considering moving some of the articles to paragraph.com as I like this model better For context, it is easier to make case for a privately held public utility to explore Bitcoin than it is to make case for Kerala State. Eventually states will be able to adopt but to make things simpler we are using CIAL as an example.A green field Airport, implemented on a Public-Private Partnership Model for the first time in India.The saga of ma...

When we think of Bitcoin, it’s often through the lens of Wall Street funds, American libertarians, or global Twitter debates. But to really understand how Bitcoin fits into India, we need to zoom in, hyperlocal, into the alleys of Kerala, the cooperative societies of Maharashtra, the remittance channels of the Gulf, and even the boardrooms across the country. Because India has always been about savings. The instinct to put something aside for the future is deeply ingrained here, whether it’s ...

When we think of Bitcoin, it’s often through the lens of Wall Street funds, American libertarians, or global Twitter debates. But to really understand how Bitcoin fits into India, we need to zoom in, hyperlocal, into the alleys of Kerala, the cooperative societies of Maharashtra, the remittance channels of the Gulf, and even the boardrooms across the country. Because India has always been about savings. The instinct to put something aside for the future is deeply ingrained here, whether it’s ...

When it comes to investments, we Indians love winners, gold, real estate, stocks, and now Bitcoin. But hidden in plain sight is the real MVP of your portfolio: the Indian rupee. Yes, the very thing that quietly loses value every year. Before you scoff, let’s examine why the rupee might just be the “best” investment you never intended to make. 1. Gold: The Shiny Illusion Gold prices are at record highs. Ten years ago, ₹30,000 bought you 8 gm; today, you’d need over ₹60,000. You feel richer, do...

When it comes to investments, we Indians love winners, gold, real estate, stocks, and now Bitcoin. But hidden in plain sight is the real MVP of your portfolio: the Indian rupee. Yes, the very thing that quietly loses value every year. Before you scoff, let’s examine why the rupee might just be the “best” investment you never intended to make. 1. Gold: The Shiny Illusion Gold prices are at record highs. Ten years ago, ₹30,000 bought you 8 gm; today, you’d need over ₹60,000. You feel richer, do...

We live in an economy that is sprinting forward in some ways, UPI, instant payments, a vibrant fintech ecosystem, yet feels stuck in the past when it comes to real financial innovation. Apps like Fi Money, Jupiter, Niyo, and Paytm Payments Bank have turned traditional banking on its head. I use Fi and Simpl (a Buy Now Pay Later app), and the experience is seamless. It’s intuitive, instant, and clean. You pay your dues with a tap. You track your spends. You earn cashback. It feels like the futur

We live in an economy that is sprinting forward in some ways, UPI, instant payments, a vibrant fintech ecosystem, yet feels stuck in the past when it comes to real financial innovation. Apps like Fi Money, Jupiter, Niyo, and Paytm Payments Bank have turned traditional banking on its head. I use Fi and Simpl (a Buy Now Pay Later app), and the experience is seamless. It’s intuitive, instant, and clean. You pay your dues with a tap. You track your spends. You earn cashback. It feels like the futur

Hard Money vs Easy Money: Why Bitcoin Matters Now More Than Ever A few years ago, I wrote about how trust was being disrupted, how blockchain was emerging as a new substrate for how the internet could operate, without intermediaries. That shift was about truth. This one’s about time. Because our money, this thing we use to store time, energy, and effort, is broken. Let me explain.The Big Mac ProblemIf you had ₹500 in 2005, you could get 6 McDonald's burgers. Try that now and you’d be lucky to...

Hard Money vs Easy Money: Why Bitcoin Matters Now More Than Ever A few years ago, I wrote about how trust was being disrupted, how blockchain was emerging as a new substrate for how the internet could operate, without intermediaries. That shift was about truth. This one’s about time. Because our money, this thing we use to store time, energy, and effort, is broken. Let me explain.The Big Mac ProblemIf you had ₹500 in 2005, you could get 6 McDonald's burgers. Try that now and you’d be lucky to...

When a viral table on Twitter claimed that India ranks second in the world for Bitcoin holdings, just behind the United States, the crypto community was stunned. The numbers, 1 million BTC held, representing 5.1% of total supply (over $120 billion at $120,000/BTC), seemed almost implausible, especially for a country where buying and selling Bitcoin is fraught with regulatory headaches and punishing taxes. Is this estimate credible? How did India get here, and why does investing feel like a mi...

When a viral table on Twitter claimed that India ranks second in the world for Bitcoin holdings, just behind the United States, the crypto community was stunned. The numbers, 1 million BTC held, representing 5.1% of total supply (over $120 billion at $120,000/BTC), seemed almost implausible, especially for a country where buying and selling Bitcoin is fraught with regulatory headaches and punishing taxes. Is this estimate credible? How did India get here, and why does investing feel like a mi...