BJP Leader Proposes Bitcoin Reserve to Boost India’s Financial Resilience

Fri Jun 27 2025
BJP’s Pradeep Bhandari suggests adding Bitcoin to India’s sovereign reserves, citing inflation, energy potential, and global digital competition.

🇮🇳 Could Bitcoin Become Part of India's Strategic Reserve?

A political insider wants India to stack sats — not just taxes. Pradeep Bhandari, a BJP spokesperson, is calling for Bitcoin to become part of India’s sovereign reserves. Wild? Maybe. But maybe it's time.


🗳️ The Pitch: Bitcoin = Economic Resilience

Bhandari’s proposal isn’t about pump-and-dump hype. He wants Bitcoin treated as a sovereign digital asset — a hedge against:

  • 💸 Inflation
  • 📉 Currency volatility
  • 🌍 Global financial shocks

He says India should launch a pilot reserve, not for speculation, but to send a signal: India isn’t afraid to lead in digital finance.


📈 But Isn’t India Anti-Crypto?

Let’s talk facts:

  • ❌ Crypto isn’t banned
  • 💀 But profits face 30% tax
  • 🩸 Plus 1% TDS on trades over ₹10,000 (115)
  • 📉 No regulatory clarity, just tax chaos

Still, India is one of the biggest crypto markets in the world — by user count.

So yeah, crypto’s alive. Just bruised.


🌍 Global Inspiration: Bhutan, Texas, Wyoming

Bhandari points to international precedent:

  • 🇧🇹 Bhutan’s been mining BTC with hydropower for 5+ years
  • 🇺🇸 Texas and Wyoming are writing laws around Bitcoin treasury reserves

India’s got the renewable energy potential to do the same — at scale.

“Global finance is shifting toward cryptocurrencies,” Bhandari says. “Let’s not wait — let’s lead.”


🪙 Strategic Reserve ≠ Speculation

The idea is simple: Treat Bitcoin like digital gold in the treasury.

  • Transparent
  • Programmable
  • Decentralized
  • Non-correlated to fiat chaos

It’s not about making India crypto-bro central — it’s about sovereign optionality in a fragmenting global economy.


🧩 But the Policy’s a Mess

India’s crypto stance is… complicated:

  • The RBI hates crypto but loves its own CBDC (digital rupee)
  • The Finance Ministry wants global coordination
  • Traders are taxed into oblivion
  • There’s still no legal framework

Bhandari’s proposal shines a light on the core contradiction: Crypto-curious government. Crypto-hostile policy.


⚡ What Would an Indian Bitcoin Reserve Look Like?

It might start with domestic green mining, especially in:

  • 🇮🇳 Northeast regions
  • 🏔️ Himalayan states
  • ⚡ Hydroelectric zones

Maybe even public-private partnerships to accumulate BTC — just like Bhutan, but with 1.4 billion people behind it.


🧠 Why It Matters

This isn’t official policy — yet. But Bhandari is part of the ruling party and clearly testing the waters.

His Bitcoin proposal is:

  • 🧠 Smart monetary strategy
  • 📣 Political messaging
  • 📊 A way to reframe crypto from threat to asset

And with inflation, war, and digital competition heating up, India may have to choose soon:

🏁 Be first — or be late.


⚡ TL;DR

🇮🇳 BJP spokesperson Pradeep Bhandari wants Bitcoin in India’s strategic reserves 🔐 Use case: hedge against inflation, volatility, systemic risk 🇺🇸 Inspired by Texas, Wyoming, and Bhutan’s hydropowered mining 💰 India’s crypto stance = taxed but unregulated ⚡ A BTC reserve could kickstart real crypto policy + global leadership India's moment is now: Will it lead the digital future — or just tax it?

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