Bitcoin may not be a big hit in India, but tokenization will be With Bitcoin reaching a record high of US $40,000, there is fresh media attention on the whole crypto subject Sunday January 10, 2021 12:28 PM, Rahul Kumar, IANS With Bitcoin reaching a record high of US $40,000, there is fresh media attention on the whole crypto subject. Once called the riskiest asset is now the hottest and is regarded as the heir to the gold. The new enthusiasm from the younger investors is driving the rally. The asset has gained nearly 300 per cent this year. The younger and novel investors are regarding Bitcoin as a revolution in the financial system. Unlike other investments, crypto is not tied to the government-issued currency. Bitcoin is an autonomous piece of software that has no owner per se. The finiteness of Bitcoin is the key temptation for most of the investors; there will be no more than 21 million Bitcoin in circulation. Hence, it shows itself as the natural hedge against inflation similar to Gold.