Speaking Of Crypto

Sunny Ray’s company Unocoin, along with the Internet + Mobile Association of India, is in a legal battle with the Reserve Bank of India. The RBI is India’s national central bank. Almost a year ago, the RBI banned all banks in the country from working with crypto or with crypto companies. What does this lawsuit mean for India? What does it mean for the banks andthe crypto companies? And, what does it mean for crypto around the world? This case will set a precedent. Sunny shares a few details on how the law suit’s going and that their expecting a decision in the next few days. Sunny is a veteran in this space, having been in Bitcoin for  around 6 years, and I asked him what it’s like to run a company that based on Bitcoin in a volatile market where the value of Bticoin itself has changed so dramatically. His response was that not only do the highs and lows come in cycles, he also believes that they’re highly predictable. He explains the predictability and his thoughts around where the value of Bticoin is headed