Sumit Gupta, the co-founder and CEO of CoinDCX, has made a strong pitch for India to adopt Bitcoin with urgency. In a recent post on X (formerly Twitter), Gupta highlighted why Bitcoin could play a strategic role in global power dynamics over the next decade—and why India cannot afford to sit on the sidelines.
Gupta’s tweet came in response to a video featuring U.S. Senator JD Vance, saying, “Bitcoin will become a strategically important asset for the United States over the next decade.” He also warned that India must “lean in—boldly and urgently,” or risk being left behind.
“Even a tiny country like Pakistan gets it. There is still time for India to act. We will simply lose if we don’t adopt,” he added.
Vance said, “The People’s Republic of China doesn’t like Bitcoin. We should be asking ourselves, why is that? Why is our biggest adversary such an opponent of Bitcoin? If the CCP is leaning away from Bitcoin, then maybe the US should be leaning in to Bitcoin.”
Gupta’s remarks come at a time when India’s stance on cryptocurrencies remains cautious, despite growing adoption globally.