Transcription Episode 5

Hello everyone, you’re listening to Living on Blockchain and this is your host Tarusha. So today I’ll be interviewing somebody really interesting. I have known him as a friend and as a fellow mischief maker in this space.

So I’m really happy that Shantanu Sharma could be a part of Living on Blockchain. He is the Head of Marketing and Media at the InBlocks Network. He is also the Chapter President at the Blockchain Chamber of Commerce in Gurgaon.

And he is also the creator and host of Hard Fork, one of the best TV talk series in India on cryptocurrency and blockchain. It’s so great to have you here. I’m so grateful that you could take out a time to talk to us.

How are you doing today? I’m doing fantastic. Thank you for having me. I’ve been waiting to come on Living on Blockchain.

Yeah, it’s certainly a pleasure. We’ve been trying to do this for some time. I’m so glad that finally it has clicked and it’s happening now.

So tell us a little about yourself and your background. Okay, so I’ll probably cover two distinct parts. Probably pre-blockchain and post-blockchain maybe.

Yeah, yeah, sure. So I started my career with the Indian Air Force. I was training as a fighter pilot there and this was quite some time back.

I had to leave because of medical reasons and I came back. I had some computer background. I started working as a sales executive somewhere in Calcutta.

And then from there on, 20-odd years working here and there. I got to work in good companies like EWC, Polaris, NIAID. And I got a fair chance of understanding the sales and the business development.

And then of course in 2011, I got to know about, I was following the Winklevoss Brothers. And so that’s when I got to know about something called Bitcoin. It came into my life and I happened to read their paper way back in 2011.

But I never had a chance to buy Bitcoin or maybe I didn’t understand it completely at that point in time. I always had this inclination towards technology and all that. So hence I remained in the technology companies and hence I believe why Bitcoin also really, I liked it.

And it struck me. But then the real deep dive into Bitcoin started in 2016. Somebody was visiting my house and talking to my father about Bitcoin and investment in Bitcoin.

And that’s when I got back into Bitcoin and then I’ve not looked back since. So the past about two and a half years, I have made a lot of money, lost a lot of money in Bitcoin. Right, haven’t we all.

Yeah, we all. And then we got into mining. It really intrigues me, still intrigues me a lot.

And I learned a lot about Bitcoin for first and then Ethereum. And this space is getting larger and larger and bigger and bigger. I don’t know where to start.

Whenever you think that you have learned enough, something new comes up. Very dynamic, yes. Everyday something new or the other.

So you have to get your priorities right. For the past about three and a half years, I’ve been a lot into Bitcoin, into Bitcoin mining. There are a couple of, you know, multi-level marketing so-called schemes, you know, that I also got involved.

But luckily I got past that and got into the real community work, which I got engaged in last year. I must have given approximately 100 odd lectures in various forums on primarily Bitcoin and cryptocurrency and blockchain origins. And now I’m working mostly on how I can develop a training space and of course, hard work.

Okay, yeah. So tell us a little more about your experience with mining. So, you know, how did you start getting into it? And then were you putting together the hardware on your own or were you, you know, outsourcing it? How did that work? So yes, mining basically started when somebody said, you know, there’s mining happening in China.

And I really understood about mining. I sat down to find out if I can really invest there. So there are two ways, of course, you know, I got to know that I can actually buy our own machines.

Or you can probably use the hosting services and probably they already have the machines and you can just pay for the hashrate that is there. Right. So that is what I started doing.

And, you know, I started investing in buying the hashrate rather than, you know, putting the money into the hardware itself. Right. Okay.

Okay. I did experiment with hardware here in India too. Yeah.

But it didn’t work out. It’s mostly true with the GPU mining. Yeah.

And but then, of course, you know, I put a lot of money into the so-called schemes which said that you’re doing mining and you can put money here. Yeah. So having my own hardware somewhere, I put money in that too.

And both in some way or the other work. All right. And but then I gave it up last year because, of course, you understand the mining was not profitable last year.

Right. Yes. Yeah.

So that said, OK, let’s do it again. Now it is becoming, you know, very good. I mean, profitable again.

Yeah. And I’ve been in talks with some locations where I can, you know, get back into it, get back into this. Right.

Yeah. And with this particular, you know, announcement by China where they are, you know, sort of they’re being very bullish on crypto. Yeah.

Yeah. Yeah. Earlier China was very clear that they did not want to.

They wanted to remove Bitcoin mining as an industry from their entire gamut of industries. But if you read the report today, they said, no, I think we’ll keep it because I believe they’re very bullish on their own currency that they’re coming up with. Right.

And of course, mining too. This should be a sword in the arm for mining industry. Yeah.

Absolutely. I think that that would be the case. And I think just in general for the market as well, because China has been very bullish, even though that, you know, the essence of what they might be creating might be a little questionable because, you know, it kind of defeats the purpose of decentralization.

If the country is kind of keeping tabs on everybody’s spends. But, you know, the fact that they are being so bullish about it, that also, I think, should help with adoption. What do you think? Yeah, of course.

Yeah, of course. I think, you know, any any proliferation starts happening in a much bigger way if the government is pro a particular industry, a particular technology. Yeah, I think, you know, them simply, even if they’re saying, OK, we will start with, you know, a central bank digital currency of their own.

It still is a sword in the arm for the digital currency, you know, the entire industry, for example, or technology for that matter. So I think in some way or the other it is good. Yeah.

All right. If they are bullish about their own thing first, then good. But I think slowly and steadily they will start accepting the ones which are truly global.

For example, if Bitcoin is truly global, then I think it will really help. I’m OK. I’m OK with this thought that, OK, we will have our own stuff first and then we will move on to other things.

Yeah, I think, you know, I because perhaps I’m saying this because we are not there. But, you know, I seem to be OK with it as well, because I think, as you said, that it will help with adoption quite a bit. And moreover, you know, adoption comes from getting people informed correctly, getting them educated.

And because China is being so bullish, there will be a lot more people who will be looking up and going on like, hey, I want to learn more about this. Yeah, absolutely. So I mean, if you see the trend today and yesterday.

Yeah. In fact, today when the report came out, the news came out. Yeah.

The entire Twitterati is abuzz with this report. Yeah. India should do it.

Yeah. It’s not in the arm of the industry. Yeah, absolutely.

So now coming to Twitter, you’ve been a part of the India Needs Crypto campaign across Twitter. So how is the campaign coming along? And have you received any reply from any, you know, policymaker or regulatory body? So, see, I think India Wants Crypto started off last year in November, in October. Yeah.

By Nishtar Shetty of Azirex. He’s the one who started it. Yeah.

And I noticed that and I believed in that entire movement. I said, okay, let me support him. There were hardly people supporting it at that point in time.

So I got into it and I started tweeting and retweeting whatever he was doing and created my own following. So there were a lot of people who started following me after that. Yeah.

But I think the policymakers, more of them came because I was doing a lot of corporate training programs or university training programs. Right. So I happened to meet a lot of people.

And yes, none of them have got in touch with me directly as policymakers. But I got to meet some, what do you call, LAM fellows or legislative. Right, right.

Yeah. PLR. Yeah.

I got to meet some of them and make a presentation in front of them. They were asking me questions about whether mining should be there. And this in particular came after the draft banning bill came into place.

Okay. Yeah. So there are people who got in touch with me saying, you ought to know more about mining.

Somehow they didn’t know that I said mining. They got to know that I probably wasn’t mining in some form. Yeah.

So that is when I started getting in touch with the people. But they’re not really policymakers, but they’re probably maybe policy analysts or policy. Yeah, they do help out with the policy.

But you know, making the assist MPs, if I’m not wrong, the LAM fellows and PLR in general, because it’s a think tank, right? Correct. Yeah. For example, I’m going to talk about the research.

They are the ones who, you know, LAM fellows coming to them and they do the entire research work, hand it over to the questions and all that stuff. I think it really helps to get in touch with them because you at least understand that yes, the policymakers are interested in learning about this thing. There’s a question they want to raise or something.

But yeah, I’m hoping to get in touch with some of them to at least place the thought process that, okay, this is what we want to do. I don’t think it’s going to happen. I mean, I don’t think alone will, you know, me being alone will be of any, what do you call it, will have any impact.

It should be an industry body. Yeah. Right.

A cryptocurrency body, people who are doing business in this, they should go together, form a group. Yeah. And they should be, they should lobby it.

I mean, that’s the best way. That’s true. So I think for any kind of policy change to be implemented, you need to have a strong lobby for it.

But, you know, because the space is so much in its infancy, I think, and in India as well, that, you know, something like a lobby has not yet been formed. But I think that there are a lot of thought leaders who are, you know, going out of their way to talk about this. But then there is a lot of fear as well, that, you know, the government might ban it.

Yeah. So there is, there is the fear that the government might ban it. And I think, I think, you know, whatever is the idea or thought process that the government has regarding cryptocurrencies, the narrative that the industry has should change.

Right. We’ve always been talking about, you know, RBI has done wrong, it should not do this. Right.

Cryptocurrency is not bad. And, you know, banks are bad. So I think the narrative has to change.

I mean, we have to bring across the goods of how the society can improve with cryptocurrency and blockchain coming in. Yeah. We should be talking about the education system, we should be talking about digital currency, we should be talking about job opportunities.

I think the narrative has to change. Yeah. So there has to be, I think, you know, you’re absolutely correct there.

So there used to be more, you know, there should be more talk about use case scenarios where and all use case examples where people can actually relate to them and they can see the advantages of this technology rather than just saying, OK, somebody has done something wrong and then, you know, rubbishing it. You should perhaps go out of your way to talk about the good part so that people would be more eager to adopt it. Yeah.

I mean, I’ve seen people who are trying to equate us, you know, the entire policy makers into being, are you as worse as Pakistan or Bangladesh or Somalia because they have banned, you know, cryptocurrencies. Right. And, you know, so I think, you know, there was a presentation made.

I had been to Mumbai the last weekend and there was a small, the idea of meeting of the particular meetup was primarily to, you know, get the top leaders to talk about cryptocurrency and maybe creating an association of sorts which can talk to the government. All right. And the presentation was made by Kashif from Kripa Kanun who said that, you know, India needs to move in the direction wherein the entire world is moving and it has to do it fast.

It has to do it fast. Yeah. So I believe, you know, all this while we were following what China was doing, but now that China has come back into the group, I think we should probably see some change of stance in the time to come.

  1. That sounds promising. Yeah.

You know, that is the idea is that the government needs to sort of create an environment which is conducive. But then, you know, the onus also falls on the people who are associated with the sector to sort of disseminate the right information. And as you said, you know, instead of just rubbishing and sort of negating what they are doing, perhaps, you know, putting across, as I said, some use case scenarios, some things that, you know, they can perhaps identify with would help our case further.

Absolutely. So about a couple of, two, three weeks back, you know, I was sitting with somebody and I said, and I noticed that guy was doing some excellent work and he has created a product in India. All right.

  1. And that’s when I started something called the Made in India initiative. Why don’t we talk about the Indian products that are there? Right.

Why don’t we? And, of course, this thought process came last year in November when I started meeting a lot of people. I saw that a lot of good work is actually happening in India. OK.

And nobody knows. Nobody knows about it. I mean, at least the world does not know about it.

Yeah. And there were hardly any product that was there. So when I started meeting people, that’s how hard work as a show came into my head.

  1. And about a month back, I said, hey, let’s talk about the Made in India products. Let’s talk about all the products that are there in India.

If you like it, share about it, comment about it, use it, send some word to somebody and share it. The more we talk, the more the buzz. Let’s do it in all languages.

Right. Why only limit ourselves to Twitter and English? Let’s talk in other languages. Let’s talk in Marathi.

Let’s talk in Gujarati. Let’s talk in Hindi. Absolutely.

So when it reaches the ears of the policymakers, they will see, hey, there are industries here in India doing well. We are losing out because they are traveling overseas to set up their company. Let’s do it in India.

Yeah. Absolutely. We have to talk more.

We have to change the narrative. We have to talk more about what we’re doing here in India. Yeah, absolutely.

A lot more needs to be made about it. As you said, there are a lot of good projects, but they’re never really talked about. Somehow, people miss out on that vernacular part totally.

And then they expect that everybody should identify with their cause, which is furthering crypto or blockchain. But then we need to be more inclusive in our communication as well. Absolutely.

Absolutely. I mean, I’ve noticed it myself. When I started HardFork, I was doing it in English, but the channel I’m on, they also have an Indian channel.

The Founder India has an English channel, and they also have an Indian channel. Yeah. So the first five, six episodes, I noticed that there are more vernacular followers on YouTube.

Okay. So there are friends of mine in the cryptocurrency industry who are running YouTube channels, and they are doing it in Hindi, and they have a tremendous amount of following. Right.

It only means that there are people listening to them. Yeah. Whereas this does not happen in English.

So that’s what my worry was. I think we should go beyond the language of communication that we normally have and talk in other languages. Right.

Maybe have education programs in other languages. Absolutely. I completely agree with you.

Actually, this is a very often neglected part of this movement because it’s new. So we kind of forget and we kind of emulate what is happening outside. We forget that in our own country, there are so many languages.

It cannot be inclusive until we address everybody. Yeah. Yeah.

I mean, it could be strategically done. I mean, for example, we know that after English, Hindi is spoken more, but then there’s Marathi. There is also Bengali.

Yeah. There is Gujarati. So there are many languages.

So maybe we say, okay, English, we’re already talking about. Let’s talk in Hindi too. Yeah.

Right. Let’s make presentations. Let’s make our documentation in Hindi.

Yeah. It can go to the hinterland and people understand more. Make it slightly simpler.

Right. Right. This is all about being inclusive because blockchain ultimately is about being inclusive, bringing decentralization and changing the life of everyday people.

And that cannot happen, as you said, without reaching the very grassroots level. Yeah. Yeah.

Absolutely. Absolutely. Absolutely.

Because, I mean, it’s only in India that we have so many languages. Yeah. You go overseas, you know, go to China, there’s Chinese, but I’m sure there are many more dialects in Chinese itself.

Yeah. However, you know, not like India. Unlike India, there are so many languages here.

So many languages, so many dialects. Everything changes like within a few kilometers. Everything changes.

Yeah. Yeah. Absolutely correct.

This is something I think we often neglect. So how do you perceive the blockchain and crypto sort of community in India? What is your take? And then perhaps, you know, you can move abroad as well and give me your perspective. Okay.

So India, I started interacting with the Indian community only last year. Okay. Before that, because I was only into mining and so I had my own community to talk about.

But the real community, which was actually doing development, on-ground work. All right. And I was only interacting with them.

I started interacting with them only last May. Last May I started interacting. Okay.

And I believe it’s a very vibrant community. There are people who know each other. But what’s happening here is we get to see the same people over and over again.

Yeah. All right. There is very little, what do you call, there was a very little growth happening.

I’m seeing a new phase. It was not really happening. Yeah.

Off late, I’ve seen that, you know, I had a chat with some of the leaders. I said, hey, why don’t we start a campaign? We didn’t take it. Next time, don’t come alone.

Come with one more person. Yeah. Somebody who’s not been introduced or you wanted.

All right. So you have to live by example. So I started doing that.

When I used to go to a community to get together on a meetup. Yeah. I used to take somebody along.

Yeah. And that’s how the ecosystem grows. Yeah.

Despite being a very large community here in India, we are still working in silos. There has to be more collaboration. There has to be more interactions.

There has to be more lobbying together. All right. There’s a lot of work that can be done if we collaborate more.

Yes. We have our own business interests, but we’ll probably grow faster if we collaborate. That’s exactly what I was about to say.

Yeah. That is what I thought that perhaps because people seem to think that their business interests clash and that’s why they don’t tend to share or make noise. Yeah.

I think it should be exactly the opposite because for any movement or any community to actually see real growth and not just vanity numbers, you need to collaborate, especially when the technology is so new and so dynamic. Yeah. Yeah, absolutely.

But within the community itself, I have met about hundreds of people if I really want to give a number to them. Fifty of them I’ve seen that they talk to each other constantly. They interact with each other.

They figure out what the other is doing. Even if it is a competitive product, they try to see if they can collaborate. All those kind of things are happening.

And I think that it’s going to be a matter of time. Probably there’s a lot of negativity also. There used to be a lot of negativity in the industry.

People were not upfront about what they were doing. As I said, there was this inherent fear that the government is going to ban it or whatever and then they will get involved. Yeah.

Hot water. Correct. So I think it’s a matter of time when people start opening up and we’ll see more and more things coming and the community becoming even more bigger and vibrant.

Right. Okay. So what about the global perspective? How do you see mass adoption of blockchain happening? In which country do you see it happening? Which country do you see as being the most bullish regarding this technology and crypto in general? Anywhere apart from India, they have been very bullish.

That’s what I know. So I think there’s a lot of work which comes in, which I’ve seen happening. I just happened to notice something in and other such sites.

There’s a lot of work which comes from Europe, a lot of work coming from USA. And I believe they are two biggest places where probably blockchain adoption is happening. Yeah.

But I guess, I don’t know, I’ve not been overseas, but even in small countries, there is a lot of awareness. Right. I have traveled to places like Armenia and a very small country, hardly 10 million people there.

All right. And these people are, you know, there is a small and they are very, you know, very close knit. Okay.

And they have a blockchain association. So they have a lot and they’re very bullish about it. Wow.

I represent a company from Armenia and they have set up a free economic zone in Armenia. And so they’re inviting people from all across the world saying, you come, you set up a shop here, you will get a free economic zone, you know, residency and you don’t have to pay taxes for 25 years. Wow.

Okay. That’s a tax holiday for 25 years. So they’re very bullish about it.

A very small country. Yeah. Yeah.

I didn’t know that, that they had actually, they were being so bullish. I just knew about Belarus that they were giving a very long tax holiday to blockchain companies, etc. So basically, you know, in the East Europe and in the North American continent, there is a lot of, they’re usually very bullish about new technologies and mass adoption happens, I think on a quicker basis for, because perhaps they are developed economies.

Why do you think that perception is there? What perception is there? Why do you think this particular perception is there that the North American continent and Europe in general, they kind of sort of adopt new technologies in a quicker manner? I think, I don’t know. So this is very, I don’t know. Maybe because, you know, the technologies are coming from there itself.

I think because if you look at, even for the matter of Bitcoin, supposedly came from the USA, from the soil of the USA and most of the cryptographers are there in the USA. And hence, I believe because it is originating from a particular place, I believe it makes much more, you know, conducive for working out of there. And I think because there are smaller communities, I mean, if you look at Europe, there are smaller countries.

All right. These smaller countries, you know, want people to come to their place and invest. I think probably them adopting a new technology will make them much more advanced and they get more investments coming in place.

And the government, I think government is, you know, apart from all the politics that is there. The governments have at least one person who is, you know, British about, we’ll do it. Yeah.

Yeah. They’re pretty interested in that. Absolutely.

India is a large country. Yeah. Huge country.

Okay. And there are many countries within the country. They really want to get a state.

So I think here adoption is going to take a lot of time because every state government has to be, you know, has to fall in line to understanding this first. Yeah. That is true.

That is true. Sadly, you know, this population and just the vastness of the country can, you know, perhaps hinder how bullish we can be towards this technology. So, as you said, smaller countries are more ready to adopt.

Like, for example, you gave an example of Armenia. There is Estonia. They even held their, you know, some part of their elections were held on, you know, they’re voting on blockchain.

So I think that is, again, a very good insight that, you know, just because to get all the state governments on board and have them on, you know, everybody looking at the same page, that’s also sort of a challenge. Absolutely. So I think, you know, what I believe is happening right now is there are smaller areas designated within a state, for example, Telangana and Andhra, all right, and Tamil Nadu and Maharashtra.

They are bullish about this particular industry on blockchain. Yeah. So whether it be private or permission, I’m not sure right now.

Yeah. But I think what is important is, you know, them coming on board and then saying, okay, this is the area designated where we do experimentation. All right.

And then we will spread the entire, you know, towards that area. That’s what they’re doing. So there is a, you know, a designated area in Telangana as well as Andhra Pradesh.

Right. Where all the experiments are happening. Yeah.

So I think that’s the way forward. The government has to identify, okay, this is where we want to implement. Say, for example, if we want to implement blockchain in land records, we have to implement in this small municipality somewhere and let’s see how it goes.

Right. So they have to do it in tranches. They have to do it in tranches and take it forward.

Absolutely. Absolutely. So, you know, when I was going through a profile, I saw that you also work as a crypto advisor and consultant.

So what is exactly the primary area of work there? And what kind of, what kind of services do you provide as a consultant? And who are these people? Are they enterprises or are they startups? So, yeah, there were startups. When it came to consulting, they wanted somebody to be on board as an advisor to how cryptocurrency works and all that stuff. Right.

To educate the people. But I think most of my consulting is based on cryptocurrency education and content creation. Okay.

Okay. So, yeah, so I’ve been advising universities and colleges where they said, okay, we want to start something. For example, I want to start a blockchain lab.

So what is required for a blockchain lab? How do we do it? What are the education programs that we should run? All right. And it’s normally usually starts with me giving one seminar and people liking it, saying, okay, come on board. How can we push it to the people? Can we create our own certification program? So that is the area of consulting that I normally give.

And of course, there are people when it came to cryptocurrency about a year and a half back, it was more to do with who do I put money on and how can we build a small pool of money? Of course, that didn’t really work out because of the 2017 fall. Yeah. Okay.

The rising fall of 2017. Right. All right.

Yeah. So, but yeah, I still, there are a lot of people who come to me again and this is purely on a friendship basis and asking them, yeah, what do I buy? Should I keep it or not keep it? Are you bullish about it or not? Okay. And, but I think I’m more focused on education, on mining.

Okay. And of course, right now I have this hard core. I’m more towards advocacy.

Okay. That’s just what I want to get involved in really big. All right.

Okay. So, but, you know, that kind of leads me to the next question. What are you, which token currency are you, you know, really bullish about? What are you really excited about? About from Bitcoin? Oh, okay.

So there are, if I really want to talk about, I have a fair amount of love for Ethereum. Okay. Because I don’t know, maybe I invested in a very small amount and I got a lot of money out of it.

Right. I bought my first Ethereum at, you know, $11. Okay.

Right. So it was pretty long time back. Yeah.

Having said that, I think there are some good companies which have come forward. Okay. Okay.

Which have, which have Indian, you know, background. For example, if I talk about one of the best ones that I find is Matic Network. Matic, yeah.

All right. Definitely. Matic, yeah.

So they are doing fantastic work. Absolutely. Wonderful work there.

Matic and Marlin, they are really, they’re really going all across the globe. They are in many forums. People are listening to them.

And, and they are the, I think because Matic has led the way for a lot of companies all of India, all of overseas who are actually looking at India in a much more positive way now. So hats off to the Matic guys and the Marlin guys. Absolutely.

Absolutely. They’re doing wonderful work. 100%.

Yeah. They’ve changed. They’ve been really instrumental in the change of perception when it comes to, you know, crypto blockchain in India, in the same space.

People are looking at us differently. Yeah, absolutely. So, but there are a lot of good work happening still.

I mean, there are a couple of things that I remember. There’s a guy called Madhur Prabhakar who’s working on something called Equate. He’s working on this basically, you know, a recruitment based screening product.

Okay. And then, then there is something called, of course, Coinbase, all the ZXs and Coinbase in the world is happening. There is a guy called Vikas Singh who’s doing good work on Blocklabs.

He’s doing something. I think a lot of work is happening. CoinFox for that matter in India.

They have, they are doing fantastic work. I think what we need to do is, as I said, we need to talk about our things. Yeah.

No token doesn’t matter. Yeah. Yeah.

I mean, yeah, I do my own investments now and then. So, Matic is for sure. I do a lot of, you know, investments on EOS and Ethereum.

I keep on, you know, keep on putting money there. Yeah. Okay.

It used to be very active long time back, but these days, you know, I don’t know. I just kept whatever money is parked there and I see it once in a while. Yeah.

Yeah. I think that has been happening with a lot of well-timed traders and people who’ve been, you know, invested, they’ve been investing heavily and now they’re sort of holding. So yeah, I understand where you’re coming from there.

Okay. So, coming to my penultimate question, you know, who are some thought leaders that, you know, you follow for in this space to be, you know, just to be inspired, to be updated and specifically who are some women thought leaders? perhaps you could like name that you know you follow oh I definitely follow the the women who came on my show all the women so there are four women who came on my show including you I definitely follow I’ll follow them then there is there is somebody called Nadine Dambran she is from Europe I follow her she has been working on something called hydro miner okay the mining mining product which works on water based mining Wow and yeah and then there is there’s a lady in the u.s. she goes by the name of Linda great yeah yeah so she she basically she was on your show right yeah yeah and she’s she’s created the blockchain Chamber of Commerce yes but in of commerce and I have started the NCR chapter here in blockchain of Chamber of Commerce here in NCR oh okay wonderful I did not know that okay

yeah so we got in touch with each other long time back about a year back and we started talking and then we found an opportunity I said should we start NCR or not so we are starting it in NCR and shortly the I mean the entire operation and activity will increase I know that you are on the blockchain Chamber of Commerce expert community right yeah yeah so yeah so a lot of work has to happen in that direction more of education more of the Chamber network where in blockchain and non crypto crypto everyone has to come together so some things have to start here in India absolutely but you know this is the right step in that direction we were saying that you know we

we do not really we don’t really have one body so perhaps you know it’s a step in the right direction a small step where where it can lead to much bigger things yeah I’m hoping that would happen and you know that’s where the thought process came you know when in last you know when we heard about the cryptocurrency banning draft bill and we got in we got I got into a much deeper conversation with Linda and she said okay I think we should start it now because if you started now we have the runway to be able to discuss with people talk to people and get them mobile and mobilize the you know the people and then we can talk to the government so they should see work happening they should see work happening and if we are you know if we show around you know if we display or demonstrate our work being done in a bigger platform

I think we’ll get to see some movement happening and change of minds is happening absolutely okay so this is wonderful now coming to the last question that I asked everybody you know how do you propose our listeners can start living on blockchain or get into the space what do you what do you think can be the first steps oh I kept it very simple when it comes to you know these kind of thought processes as it how can I involve somebody else I think the journey starts at home

so can I can I first you know within my own family can I at least you know inculcate a habit of talking about bitcoin or cryptocurrency and the best way to live on blockchain is you know each one teach one all right yeah you know we don’t have to you know set up you know huge mining farms I mean I have one mining farm can you join let’s join this is how it works so that’s how it works if I if I have to teach somebody I teach one person and that person teaches the other person and that’s how you know we can continue you know living on you know bringing more and more people into it and people can start living on blockchain. As I said India hai, use karo.

There are products here in India, understand them, use them, talk about them, share about them and I’ll see I think you can see a lot of things going I mean one by one it’s called you know I use a policy called brick by brick you make a you make a big building brick by brick and that’s how it works absolutely okay yeah one day at a time this is wonderful I think the process behind it is wonderful because ultimately that’s how you you know further the movement that is there for crypto and blockchain because you have to get the foundation

right absolutely yes yes excellent Shantanu, it’s been wonderful talking to you I am so happy and grateful that you could take out the time and any last thoughts before we wrap this up no I think what I want to I think I think probably you’re doing a fantastic job I think we need to probably you need to increase the frequency of what you’re doing yeah I don’t know we can talk more about it maybe change the language maybe you know I think I think it’s what we’re doing is fantastic

so let’s let’s keep on you know doing it yeah let’s let’s do this more often yes thank you yeah absolutely thank you Tarusha for having me it was wonderful talking to you thank you

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