102: Sunny Ray ON: Sunny Ray ON: Taking on India’s Central Bank… and Winning

India’s Bitcoin story might be the most important one you haven’t heard yet

In this episode, I’m joined by Sunny Ray, a longtime Canadian Bitcoin entrepreneur. He started meetups in Bangalore and often ran them weekly. He launched a Bitcoin company in India and helped challenge the central bank in a case that was won in 2020.



Most people can’t define money, even as it runs their lives. After 2020, inflation made that gap impossible to ignore. We trace what changed, why Bitcoin clicked, and how India became a proving ground. And you’ll see why small, consistent moves beat complicated protocols.

You’ll Learn:

[00:00] Introduction

[05:25] The moment Sunny realized no one could explain what money actually is

[07:40] How discovering Bitcoin in India rewired his understanding of value

[12:15] The surprising story of Unocoin’s launch—and the central banker who showed up in secret

[18:05] What happened when India’s Supreme Court ruled against the central bank’s Bitcoin ban

[21:20] Why India’s obsession with gold could make it the next global Bitcoin powerhouse

[25:15] How Bitcoin could revolutionize India’s massive remittance market

[27:45] The rise of Bitcoin treasury companies—and why Sunny thinks we’re in the first inning

[36:10] What Michael Saylor’s “Iron Bank” strategy reveals about the future of corporate Bitcoin

[37:50] How Vancouver’s mayor is fighting red tape to make his city Bitcoin-friendly

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Resources Mentioned:

Unocoin | Website

Find more from Sunny Ray:

Sunny Ray | Website

Sunny Ray | LinkedIn

Sunny Ray | Facebook

Find more from Scott:

Scott Dedels | X

Block Rewards | Instagram

Block Rewards | YouTube

Block Rewards | TikTok

Block Rewards | Website

Block Rewards | LinkedIn