India’s cryptocurrency revolution is being led in earnest by the fame-seeking Akshay Aggarwal. “Do you want to buy a condom, ma’am? It’s specially designed for women,” Akshay Aggarwal asked passersby near Bryant Street in Palo Alto, California, in 2015. Frustrated by their lack of success, Aggarwal and his team, called the Angels, took a different tack: Sell the condoms to men by saying that it’s good for their partners. As fellows at an entrepreneurship program run by venture capitalist Tim Draper (an early investor in Skype, Tesla, Twitch and others), this next-level pivot was necessary. The Angels sold around 17 condoms in nearly five hours. Now, Aggarwal, 28, is attempting to sell something else: cryptocurrency. As the Indian government increasingly soured on the idea of a decentralized currency, Aggarwal joined a growing internet movement called India Wants Crypto. He brought with him a 15,000-strong community of blockchain enthusiasts who wanted to participate in saving blockchain’s most popular application. |