An EY executive who just recently went to India and met a variety of federal government firms has voiced his viewpoint about the future of cryptocurrencies in the nation. He thinks that bitcoin has no practical use, is simply another “foreign” currency, and its extensive adoption might be “very damaging to the global economy.” ‘No Practical Use’ Paul R. Brody, EY’s Global Innovation Leader (Blockchain), has shared his ideas on the future of the crypto market in India after his current check out to the nation. EY is among the world’s biggest specialist services companies and among the “Big Four” audit companies. Paul R. Brody, EY’s Global Inn

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