Warning Indians Against Cryptocurrencies, RBI Governor Shaktikanta Das Says Tulips Have More Value

RBI chief delivered a stark warning against investing in cryptocurrencies, saying they lacked the underlying value of even a tulip — in a reference to a speculative bubble that gripped the Netherlands in the 17th Century.

Warning Indians Against Cryptocurrencies, RBI Governor Shaktikanta Das Says Tulips Have More Value
RBI chief delivered a stark warning against investing in cryptocurrencies, saying they lacked the underlying value of even a tulip — in a reference to a speculative bubble that gripped the Netherlands in the 17th Century.