In this conversation, Shravan Jhangiani, Host of the Why Bitcoin Wins podcast, sits down with Sunny Ray, a long time Bitcoin operator and co founder of UnoCoin, one of India’s earliest Bitcoin platforms, to unpack what it actually takes to build conviction early and keep it through the chaos.

Sunny shares how his curiosity about money began long before Bitcoin, how his early career shaped his thinking, and how discovering Bitcoin in 2012 gave him a first principles framework for understanding money.

If you’re interested in the founder side of running a Bitcoin startup, how conviction is built through lived experience, why community and meetups create career defining connections, and why self custody and dollar cost averaging still matter, this conversation is for you.

We cover the key questions people are asking about Bitcoin today

• How does early conviction actually get built?

• What does it mean to understand money from first principles?

• Why do meetups and community matter more than online noise?

• What does it take to build Bitcoin businesses in the real world?

• How should people think about Bitcoin equities versus owning Bitcoin directly?

• What does Sunny think is worth building in 2026?

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