New Delhi: Cryptos are a concept whose time has come. As a result, no central bank today dares to impose a complete and total ban on them. With Bitcoin, a revolution started which is now worth a trillion dollars and several other virtual currencies worth billions.
Sundeep Khanna’s ‘Cryptostorm: How India Became Ground Zero of a Financial Revolution’, the first book about the crypto storm sweeping India, tells the experiences of regular individuals whose lives have been affected and, in some cases, irreparably changed by the promise and menace of cryptos.
The individuals portrayed in this book represent a “new India” where they believe they have found ways to enhance their lives independently from government and regulatory interventions. It is crucial to listen to their perspective as it echoes the future we should not disregard.
Published by Harper Collins India, ‘Cryptostorm: How India Became Ground Zero of a Financial Revolution’ by Sundeep Khanna will be released on 22 June in the Print’s SoftCover.
In his book, Khanna emphasised why young Indians are “disenchanted” with traditional finance and its institutions.
“Writing Cryptostorm was a voyage of discovery during the course of which I realized that the speed at which the trend has swept through India is a warning that people, particularly the young, are disenchanted with traditional finance and its institutions,” he explained.
A business journalist by profession, Khanna regularly writes columns for Money Control and Livemint. His books include “The Liberalization Story,” a compilation of essays that explores a pivotal moment in Indian business history. Additionally, he collaborated on “Azim Premji: The Man Beyond the Billions,” a biography that delves into the life of a globally recognized philanthropist.
Also read: New book explores how Ambedkar was guided by ‘pragmatism’ of American philosopher John Dewey