Kashif Raza: India Has 25,000 Tons Of Gold But Modi Asked Everyone To Stop Buying It

India holds 25,000 tons of gold, more than the world's top 10 central banks combined. And this week the Prime Minister asked everyone to stop buying it. What does that actually mean for 1.4 billion people? Kashif Raza is the Founder of Bitinning, India's leading crypto education platform, and Co-Founder of Crypto Kanoon, the leading platform for crypto regulatory news analysis in India. He is one of India's top 10 crypto educators known for simplifying complex blockchain and market topics into easy lessons for everyday people. In this conversation he breaks down exactly why Modi's gold request happened, why 75% of Indians are financially illiterate, and why Bitcoin is the only real alternative that makes sense for the country right now. The BlockFireblocks He explains: ◼️ Why India's rupee is depreciating and why oil and gold are the two biggest reasons dollars are leaving the country ◼️ Why Modi's gold import duty hike from 6% to 15% overnight hurt the very people it was meant to protect ◼️ Why gold is not just an investment for Indians but a cultural necessity tied to marriage, daughters and family planning ◼️ Why 75 to 78% of adult Indians are financially illiterate and why that makes gold the only option most people understand ◼️ Why Bitcoin solves everything gold cannot — divisibility, portability, finite supply and censorship resistance ◼️ Why the Strait of Hormuz crisis proved to the world that it needs a neutral currency no government can sanction ◼️ Why Kashif believes India should allow Bitcoin mining to produce digital gold domestically instead of importing physical gold ◼️ Why buying Bitcoin today is like buying Amazon in the early 1990s and what AI agents competing for Bitcoin means for price ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ [00:00] Intro [01:00] Why India's Rupee Is Losing Value Fast [03:00] Why Oil And Gold Are Draining India's Dollars [05:00] Why Modi's Gold Duty Hike Hurt Common People [07:00] Gold Is Not Investment For Indians. It Is Culture. [09:00] Why You Cannot Change Culture With Import Duty [11:00] Why 75% Of Indians Are Financially Illiterate [13:00] What Should Indians Buy Instead Of Gold? [16:00] Why Bitcoin Fixes What Gold Cannot [18:00] Why Bitcoin Supply Cannot Be Changed Even By G20 [19:00] Why Bitcoin Is Like Buying Amazon In The 1990s [21:00] Bitcoin As A Neutral Currency For Geopolitics [23:00] How The Strait Of Hormuz Proved Bitcoin's Value [25:00] Why India Should Allow Bitcoin Mining [27:00] Could India Ban Gold Purchases Like 1962? [29:00] Prepare For The Worst. Here Is How. [34:00] Why Work From Home Is The Future [40:00] What Modi Should Have Done Instead ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Follow Kashif Raza: X — https://x.com/simplykashif YouTube — https://youtube.com/@bitinning Website — https://bitinning.com ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ BeInCrypto: 🔗 More from BeInCrypto: 👉 Subscribe: https://www.youtube.com/@Beincrypto 👉 BeInCrypto: https://beincrypto.com 👉 X / Twitter: https://twitter.com/beincrypto 👉 Telegram: https://t.me/+U8DQNp4b8Gw3YmZi ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ #KashifRaza #Bitinning #IndiaGoldCrisis #Bitcoin #INRDepreciation #ModiGold #BitcoinIndia #NeutralCurrency #IndiaEconomy #BeInCrypto