Topic: [2014-06-18] Growing interest in Bitcoins: Time for India to welcome it as "curr (Read 1455 times)
June 18, 2014, 01:27:16 PM
Good to hear and just in time to help w/ the impending summer rally. The months ahead are going to be fun times indeed.
June 18, 2014, 12:37:09 AM
The previous government was hostile to the Bitcoins. I hope that the current Indian government recognizes the importance and benefits of the bitcoins and other forms of crypto-currency. They have been in office for less than a month, so too early to pass a judgement on them. BTW.... I am seeing a large increase in the number of Indian users who are active in Localbitcoins. 
June 17, 2014, 10:29:56 PM
http://economictimes.indiatimes.com/opinion/guest-writer/growing-interest-in-bitcoins-time-for-india-to-welcome-it-as-currency/articleshow/36729020.cms
Bitcoins are computer files, similar to doc or jpeg files. They are generated mathematically using computers by executing difficult number-crunching tasks. A pseudonymous hacker calling himself Satoshi Nakamoto is said to have created Bitcoins with the idea that such a digital currency would eliminate the third party (such as a bank or financial institution), thereby reducing the costs incurred in the transaction.
Bitcoins are computer files, similar to doc or jpeg files. They are generated mathematically using computers by executing difficult number-crunching tasks. A pseudonymous hacker calling himself Satoshi Nakamoto is said to have created Bitcoins with the idea that such a digital currency would eliminate the third party (such as a bank or financial institution), thereby reducing the costs incurred in the transaction.
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