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Timestamps:

(00:00) - Intro

(03:00) - Early life & personal strengths

(06:45) - Why he left Sony In Tokyo

(08:06) - Work culture in Japan

(10:13) - Why the USA is ahead of Japan

(11:32) - Where India is lacking in comparison to the US

(13:20) - Donald Trump & crypto

(18:20) - Bhutan in bitcoin mining

(19:53) - Why Warren Buffett is against bitcoins

(22:54) - Elon Musk & the crypto market

(25:30) - Difference between stocks & crypto

(26:42) - Operation Choke Point

(28:27) - Is crypto legal?

(31:08) - Cash buying & taxation

(33:56) - Why people invest in crypto

(36:13) - Crypto & valuation

(44:10) - Crypto Wallets

(45:55) - Charges & fees

(48:03) - Biggest platform in India

(50:54) - Downfall of the market

(55:21) - 50X returns formula

(58:57) - Meme coins

(59:40) - Crypto-friendly countries

(1:04:25) - Who is Gen Z's hero?

(1:08:25) - End of the podcast

(1:08:43) - Outro

In today’s episode of Figuring Out, we have Sumit Gupta in conversation with Raj Shamani. Sumit is the co-founder of CoinDCX, a leading crypto exchange in India, and an instrumental player in building the broader Web3 ecosystem.

In this episode, we discussed his childhood, the challenges of coming from a humble background, and how these experiences shaped his journey and overall outlook on life.

We also talked about Japan, its people, culture, and values, and where India is falling short compared to the US. Additionally, we explored why the US government is one of the biggest holders of Bitcoin, why Warren Buffett opposes crypto, his views on Elon Musk, and the safest ways to buy Bitcoin.

Towards the end, we talked about how many people in India are investing in these currencies, why gold is valued globally, and what it truly means to "own Bitcoin." Sumit also shared two currencies he considers safe, two that are unsafe, and the top countries that are Bitcoin-friendly. He even revealed which Indian founder he believes could become the next idol for aspiring entrepreneurs.

To keep watching such insightful conversations, make sure to subscribe to our channel now!

Follow Sumit Gupta Here:

Instagram: https://www.instagram.com/sumit21gupta/

LinkedIn: https://in.linkedin.com/in/smtgpt

Twitter: https://x.com/smtgpt

Follow CoinDCX Here:

Instagram: https://www.instagram.com/coindcxofficial/

YouTube: https://www.youtube.com/@CoinDCX

LinkedIn: https://www.linkedin.com/company/coindcx/

Twitter: https://x.com/coindcx

To Know More,

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LinkedIn - Raj Shamani

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