CryptoGenieAI
2.2K posts

CryptoGenieAI
@CryptoGenieAI
Crypto curious | BTC, ETH, BNB, SOL & altcoins | AI enthusiast 🤖 Tweets ≠ endorsements | Not financial advice DYOR l Goal to retire from Airdrops & Trades






Crypto has earned a key 'approval' for mass adoption: a 👍 from Dad. 😉 Who doesn’t love getting that thumbs-up from their dad on WhatsApp for their achievements? In 2025, over 572,000 SIPs were created on CoinDCX, a 60% YoY increase. Most of these were parents investing for their kids’ future. Many Dads are even telling their kids to DYOR and explore crypto. We are seeing a massive change. In India, crypto is fast becoming a #DadApproved asset. There is no bigger validation than this! 🫡


₹1.7 lakh crore LOST by Indians in SGBs. Not because of markets. Because of a simple policy blunder. 👇 What went wrong with Sovereign Gold Bonds (SGB)? In 2015, the Govt launched SGBs to curb India’s gold imports. Idea sounded smart. Execution wasn’t. The assumption: Gold will stay flat forever. From 2014–2019, gold barely moved. Policy makers thought: “Easy arbitrage. Issue paper gold.” Big mistake. Reality check: • SGB issue price (2015): ₹2,500/gram • Current gold price: ₹8,624/gram → 3.5x jump Gold doesn’t follow spreadsheets. It follows fear, inflation & currency debasement. The hidden bomb: SGBs were not backed by physical gold. They were an unhedged liability. They bought in parts but not fully. My means ratio was not 1:1 Govt issued ~147 tonnes across 67 tranches. Current outstanding: 132 tonnes. That’s ~₹1.2 trillion in liability. Meanwhile… policy flip-flops • Gold imports still averaged ~$37B/year • Customs duty hiked to 15% → failed • Cut back to 6% → admitted failure So much for “reducing gold demand”. Irony of ironies: • Investors made ~3x returns • RBI kept buying gold • Gold now = 11.5% of forex reserves (record high) Final nail: SGB scheme quietly discontinued in 2024 (after raising ₹270B in FY24) Bottom line: SGBs became a bet against Indian psychology. You can fight markets. You can fight numbers. But you can’t fight India’s love for gold. Policy lost. People won. Taxpayer pays. Follow for such information ℹ️ & repost ♥️



















