You can react to innovations in two ways
India continues to move toward cryptocurrencies, ICOs, and blockchain. Now, no matter how the situation surrounding cryptocurrency market regulation in India turns out, at least they will have tried. You see, there are two ways you can react to the appearance of technologies that are new, somewhat opaque, and not yet fully investigated. The first is to retreat into your shell and make a hundred arguments about why your conventional old feature phone is better and more reliable than the latest all-in-one smartphone. The second is to head to the store and check out the newest gadget, with a clear understanding that it’s where cell phone technology is headed. I belong firmly to the camp that chooses the second option, which is why I wholeheartedly support the decision of the Securities and Exchange Board of India (SEBI) to send its employees to learn about cryptocurrencies and ICOs from their colleagues in Japan, the United Kingdom, and Switzerland. It’s a good example for everyone else.