Niranjan Rao

Always room for improvement.

Tweets on tech, finance, tennis and India.

[Niranjan Rao @niranjanrao1]

What an incredible performance from an inevitable future star! Congratulations to Vihaan Reddy and parents/team.

[Indian Tennis Daily (ITD) @IndTennisDaily]

Vihaan Reddy - Wimbledon U14 - Semi finalist!

Young Vihaan battled through wrist injury to put in a sprited performance to top his group before bowing out in the semis.

📸 : ©AELTC/Tony O’Brien

[Niranjan Rao @niranjanrao1]

Hard to think that the #XRP #Ripple saga is over. Pretty much certain to be appealed, and likely to be overturned given the seemingly shaky basis of this judgment #RipplevSEC

[Niranjan Rao @niranjanrao1]

Does programmatic sales of Apple stock to a programmatic buyer on an exchange mean that Apple stock is not a security?

[CoinDesk @CoinDesk]

Does today's bombshell ruling by the Southern District of New York in the Ripple-XRP case provide legal clarity for token issuers?

Not a bit of it. Judge Analisa Torres' judgements are likely to be contested, and successfully.

Opinion @prestonjbyrne

https://t.co/dxnNhsXCDD

[Niranjan Rao @niranjanrao1]

Currently, for the future of human civilization, the single most important variable in all of computer science and maybe even all of technology is OP_CTV #Bitcoin

[Niranjan Rao @niranjanrao1]

@balajis Hi Balaji - just to clarify it's 100 lane-kms, not kms. Totally different. So the speed is really somewhere between a quarter to a half of post-war America and not double.

[Niranjan Rao @niranjanrao1]

Sad to see the cheetahs dying one by one in India.

https://t.co/iNsBZiooeU

[anand mahindra @anandmahindra]

Not yet. But maybe bit by bit in the future..

[Niranjan Rao @niranjanrao1]

#Bitcoin is a small step for math, a giant leap for mankind.

[Niranjan Rao @niranjanrao1]

Often hear this: #Bitcoin has no "intrinsic" value.
The value of any asset is extrinsic. What's intrinsic is the human need it meets.
Saying Bitcoin is worth 0 is the same as saying decentralization or censorship-resistance is worth 0.

That economic freedom is worth zero.

[Niranjan Rao @niranjanrao1]

How govts react to it & the global distribution of access to crypto will have far-reaching effects on our future. For now the best approach seems to be to get involved in the safest, legal ways possible. Do your KYC, use well-known exchanges, stick to institutional venues n/n

[Niranjan Rao @niranjanrao1]

In a previous thread, I explored the Indian crypto industry's current state of regulatory non-compliance. Today I talk about the government's response and the game theory involved, as mentioned in the previous thread. 1/n

[Niranjan Rao @niranjanrao1]

As a strong supporter of crypto adoption in India, it surprises me how little air-time the following gets.

Almost the entire Indian crypto exchange ecosystem is in violation of elementary foreign exchange and securities laws in India. Thread. #Crypto #DigitalAssets
1/n

[Niranjan Rao @niranjanrao1]

Crypto is simultaneously a once-in-a-century innovation that can propel human civilization forward, and one if the most fraudulent industries of all time. More than anything, it is political technology, not financial or communications technology. 17/n