The #IndiaWantsCrypto, started by WazirX CEO Nischal Shetty, is by far one of the oldest and most successful crypto campaigns in our country.
And, here we are – celebrating 1000 days of the initiative. Let us take you through some titbits from the last 1000 days.
Nischal started the campaign on 1st November 2018 – ten years after Satoshi Nakamoto published the Bitcoin whitepaper. Nischal has been fighting for the positive regulation of crypto in the country since then.
He tweeted to parliamentarians, the Prime Minister, and other decision-makers, every day.
On Day 50 of the campaign, he asked the finance minister to trust the youth of India and allow them to participate in the crypto revolution, through an impactful tweet thread.
After 303 days of addressing our ministers, seeking a positive crypto regulation in India, he achieved one milestone, when he got a positive response from Rajeev Chandrashekhar, a sitting Rajya Sabha MP.
Other prominent crypto exchanges in India also supported the initiative.
After almost 450 days of tweeting, on March 4th,2020, the Supreme Court ruled in favor of progress, decentralized currencies, and freedom. Banking channels were opened for cryptocurrencies.
A win for every cryptizens in the country
#IndiaWantsCrypto is quite famous globally, too.
Each day, he would write a tweet. He took this forward as an industry-wide approach instead of an organization-wide approach.
Eminent leaders of the crypto ecosystem also contributed their voice share on social media.
Nischal has been one of the pioneers of the crypto industry in India. He’s been spreading the right education about crypto and envisions making cryptocurrencies accessible in India.
His speculation about CBDCs came true –
Nischal’s tweets motivated many.
#IndiaWantsCrypto is not only a cry or a revolution, requesting crypto to be regulated, but it has its emotional stance as well.
On Feb 1, 2021, the parliament of India presented a bill on crypto named ‘The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021″ – which created FUD in the Indian crypto ecosystem. Over 7 million people associated with 7,500 Crore+ crypto assets can’t go for a toss.
#IndiaWantsCrypto was trending on Twitter for more than 6 hours during the budget session.
There have been millions of followers who believe this initiative can enable crypto to see the light of the day. We call crypto the ‘financial internet’.
Nischal continuously shares cryptocurrencies and their use cases through his tweets. His daily tweets have motivated many, and we are now one of the largest communities in India.
There have been obstacles, but we must celebrate every victory, as with every one of them, we are one step closer to D-day (or shall we call it as C-Day?).
1.3 crore crypto enthusiasts took a sigh of relief, but it’s not the end. We are taking one step closer, so there is no giving up.
Famous media personalities and influencers also joined this revolution.
Here are some reasons why #IndiaWantsCrypto?
From one of our social media initiatives, we have got these real-life examples:
So come on, join the #IndiaWantsCrypto movement, and let’s fight together for crypto!
We are very very close!
Jai HindDisclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.