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Indian investment circle’s well-known figure Nikhil Kamath recently dropped a bombshell during a conversation — he openly stated that he has never touched Bitcoin, let alone held or invested in crypto assets.
This statement came from the co-founder of Zerodha, which indeed surprised many. It’s worth noting that over the past few years, Kamath has frequently invited top global business and tech leaders to his podcast, including heavyweights like Elon Musk and Ray Dalio, discussing topics that often involve blockchain and digital assets. But he himself admitted: he’s still quite unfamiliar with this field, though he plans to start understanding it more deeply from 2026.
His exact words were: "I don’t have Bitcoin, and I’ve never invested in cryptocurrencies. Honestly, I don’t understand this area well, but I’ll make time to learn next year."
This statement quickly caused a stir online. Media in India generally pointed out that this reflects a rather conservative attitude toward the crypto market among mainstream financial figures.
Interestingly, Kamath’s remarks were actually in response to a previous point made by Elon Musk — that "energy is the real currency." Musk believed in the conversation that Bitcoin is essentially equivalent to energy, and that future monetary systems might be based on energy.