The tale of Cryptocurrency – still up in the air?
June 19, 2021
While cryptocurrencies like bitcoin have not been able to serve their intended purpose of being a medium of exchange, they have emerged as an alternate asset class over the last few years. Given the limited availability and interest, especially among the millennials, their value is expected to increase. This has attracted significant capital flows towards this asset class. Given this, we believe the more prominent cryptocurrencies like Bitcoin, Ethereum, etc. are here to stay. At what value? That seems to be a trillion-dollar question. - authored by Nilaya Varma, CEO, Primus Partners and Shravan Shetty, MD, Primus Partners.
Publication: The Economic Times