While there are ups and downs about cryptocurrency in India, Paytm founder Vijay Shekhar Sharma has shown his support and also appeared in the debate about cryptocurrency. Not only did he support cryptocurrency, but he also claimed that it would soon become a part of everyone’s life.
The founder of fintech company Paytm, which has been gathering discussion about the recent IPO, was addressing an event of the ICC (Indian Chamber of Commerce) on Thursday.
He said that cryptocurrency is based on cryptography. This makes it secure. In the coming few years, it will become an integral part of people’s lives, just as the Internet has become.
On the other hand, Paytm Founder thinks that the existence of cryptocurrency is not going to end. It is not going to go anywhere but is going to become a part of people’s lives. He described cryptocurrencies as the answer given by Silicon Valley to Wall Street. He said that all the governments are confused about crypto right now, but in five years it will be a mainstream technology.