Sridhar Vembu, the founder of Zoho Corporation, has made it clear where he stands when it comes to storing long-term value and it’s not in cryptocurrency. In a recent post on social media platform X (formerly Twitter), Vembu shared that he trusts gold over crypto as a more reliable and time-tested asset.
His opinion comes at a time when debates around digital currencies and traditional assets like gold continue to grow, especially with rising inflation and global economic uncertainty.
Gold a Trusted Store of Value?
Sridhar Vembu explained that he has always seen gold as a safe asset, especially during periods when currencies lose their value. He referred to gold as a form of “insurance against currency debasement”, that means when paper money becomes less valuable due to inflation or