RPG Group chairman Harsh Goenka has shared his two cents on how would Sant Kabir Das ji react to the cryptocurrency sale and frenzy in India. “Bitcoin Ethereum both go to a place called crypto market, don’t sell in haste be afraid of recession,” Goenka tweeted in Hindi. He further wrote in his that some investors win while others lose.
Goenka was however not the only one to take on the crypto craze in India. Helios Capital Founder and market guru Samir Arora also fired potshots at “crypto punters”.
Arora tweeted, “Q: We own many banks. Every day on Twitter people complain about these banks, their service etc. No one gets angry and life is cool. What is wrong with the crypto punters that if one says anything about their asset class they start jumping as if they have ants in their pants?”
Meanwhile, crypto activist Kashif Raza and author of Securing Democracy Glenn Greenwald have advocated cryptocurrencies and bitcoin technology.
While Raza said the crypto industry has the potential to generate huge employment opportunities for youth, Greenwald noted that the bitcoin technology had the potential for decentralising power, enabling genuine privacy and preventing control of information.
Cryptocurrency prices today
The world’s most popular cryptocurrency Bitcoin reached $58,271.22, marginally higher compared to yesterday. Ethereum, on the other hand, rose by 3.60 per cent and stood at $4,463.77 and Dogecoin was trading 0.54 per cent lower at $0.2187, as per Coinmarketcap.com.
Ripple or XRP traded at $1.03, 0.46 per cent lower than yesterday while Shiba Inu traded 3.75 per cent lower at $0.00004068. Global crypto market capitalisation stood at $2.65 trillion.