This study examines cryptocurrency adoption and its economic implications for government policyand investor behaviour. Using a combination of primary survey data and secondary financial marketdata from 2020–2025, the research compares Bitcoin with traditional investment assets includinggold and the S 500. The analysis evaluates risk, return, volatility, diversification potential,regulatory influences, and investor perceptions. Findings indicate that cryptocurrency offerssubstantial return potential but is associated with significantly higher volatility and regulatoryuncertainty than traditional assets. The study also highlights growing public adoption of digitalassets and the increasing importance of taxation and regulatory frameworks in shaping marketbehaviour. The results contribute to understanding the evolving role of cryptocurrencies withinmodern financial systems and public policy.
Rishabh Kashyap (Tue,) studied this question.