Or, as Nassim Nicholas Taleb is quoted to have written in the Time 3 magazine, bitcoin is an insurance policy Keynote address delivered by Shri T Rabi Sankar, Deputy Governor, Reserve Bank of India, on February 14th, 2022 at the Indian Banks Association 17th Annual Banking Technology Conference and Awards. 2 https://www.ft.com/video/ccb48782-82f9-44ef-97c7-dcfa02431123 3 https://time.com/5486673/bitcoin-venezuela-authoritarian/ 1  against an Orwellian future.
It may thus not be adequate, from a regulatory point of view, to treat cryptos as just another type of currency or asset or commodity but also as a potential social movement. Cryptocurrency Basics 4. Let us briefly, and in very general terms, understand the basics of cryptocurrencies. 5.