Nikhil Kamath, a well-known Indian billionaire, recently told CoinDCX CEO Sumit Gupta that he does not own a single Bitcoin and has never invested in other cryptocurrencies. He clarified that although he interacts with some of the top players in the blockchain industry, he is not very familiar with the concept of cryptocurrencies.
In Kamath’s conversation with Gupta, the billionaire and co-founder of Zerodha hinted that he is interested in pursuing BTC by 2026, despite having never owned Bitcoin before. As someone who claims to know little about Bitcoin and other digital currencies, he said he is willing to learn about the field and explore it further.
The news was revealed as the CoinDCX CEO sought to understand Camas’s views on blockchain and Bitcoin. Kamath’s response may surprise many, considering he talks to senior leaders on his WTF podcast.
These include top industry figures such as Elon Musk, Nandan Nilekani, Ruchir Sharma, Ray Dalio and others.
Interestingly, some of these entities are focused on blockchain and cryptocurrencies, but Camas does not appear to be leveraging their knowledge in this area. He unabashedly admitted that his knowledge on the subject was limited.
In a podcast with Musk, the Tesla boss equated Bitcoin with “energy,” which he considered “real currency.”
Some entities suspect that Kamath may simply be taking a cautious stance on cryptocurrency issues, especially given India’s stance on digital assets. India has said it has no current plans to regulate the cryptocurrency industry, citing concerns that it could put the country’s financial system at risk.
Authorities in the region agreed that a blanket ban could address speculation but would not prevent peer-to-peer transfers or decentralized exchanges.
On the one hand, India has become more tolerant of the booming crypto industry in recent months. In October last year, U.S. cryptocurrency exchange Coinbase Global Inc. strengthened its presence in India and the Middle East by making a major investment in CoinDCX. This comes three years after the exchange exited the country.
Read the original story “Indian Billionaire Nikhil Kamath Expects Bitcoin Exposure in 2026” by Godfrey Benjamin on Coinspeaker.com