Even as government mulls over bringing the bill on cryptocurrency in the ongoing winter session in the Parliament, which is likely to prohibit all private cryptocurrencies in India, Zerodha co-founder Nikhil Kamath took to Twitter to ask what the next decade may hold for cryptocurrencies.
Kamath tweeted, “I think the next decade is going to see a serious inverse correlation trade between gold and crypto, people could buy gold to short crypto and vice versa, thoughts?"
I think the next decade is going to see a serious inverse correlation trade between gold and crypto, people could buy gold to short crypto and vice versa, thoughts?Research by @TheOddball__ pic.twitter.com/kCRJqBJWqx
Meanwhile, top sources have revealed that the government is
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