[2016-03-13] Bitcoin Numbers Growing In Pakistan

Denker

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Quote from: aso118 on March 15, 2016, 10:43:08 AM

Quote from: Kingno.1 on March 13, 2016, 12:02:55 PM

Pakistan is a predominantly cash economy, where many people are not comfortable making payments via credit cards which makes bitcoin extremely relevant there.this will definitely be proved as an improved way of transacting

This is not the right reason, but it will work. Grin

People use cash to avoid paying taxes (direct as well as indirect). The authorities won't like it if Bitcoin is used for the same reasons.

That is not true.
In my country people pay a shitload of taxes and use cash mostly.
Cash means freedom, privacy and is simple and quick to use.

Hirose UK

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Quote from: aso118 on March 15, 2016, 10:43:08 AM

Quote from: Kingno.1 on March 13, 2016, 12:02:55 PM

Pakistan is a predominantly cash economy, where many people are not comfortable making payments via credit cards which makes bitcoin extremely relevant there.this will definitely be proved as an improved way of transacting

This is not the right reason, but it will work. Grin

People use cash to avoid paying taxes (direct as well as indirect). The authorities won't like it if Bitcoin is used for the same reasons.

if bitcoin can change credit card, it may bring a good changes for people there in the view of the country's economic. hope bitcoin will bring bright future for them

aso118

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Quote from: Kingno.1 on March 13, 2016, 12:02:55 PM

Pakistan is a predominantly cash economy, where many people are not comfortable making payments via credit cards which makes bitcoin extremely relevant there.this will definitely be proved as an improved way of transacting

This is not the right reason, but it will work. Grin

People use cash to avoid paying taxes (direct as well as indirect). The authorities won't like it if Bitcoin is used for the same reasons.

Kingno.1

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Pakistan is a predominantly cash economy, where many people are not comfortable making payments via credit cards which makes bitcoin extremely relevant there.this will definitely be proved as an improved way of transacting

aso118

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This is pretty impressive. Pakistan is a country with large diaspora and significant remittance flows. You have a market which is readymade to use Bitcoin for remittances. I hope urdubit and other Pakistani bitcoin companies succeed.

LiteCoinGuy

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Bitcoin Numbers Growing In Pakistan

The more we discuses bitcoin and understand the possibilities it brings forth for Pakistan the more converts we have. This is now showing in trading volumes across different mediums of trade. If we just check the localbitcoins volumes during last few weeks we see upward movement this not only true in Pakistan but through out the world. The increase in volume has also resulted in increase in numbers of users. As we see more localbitcoin traders poping up on localbitcoin and facebook almost daily.

http://pk.newsbtc.com/bitcoin-numbers-growing-in-pakistan/

slowly picking up since mid 2015. interesting. the world is waking up.

Topic: [2016-03-13] Bitcoin Numbers Growing In Pakistan (Read 431 times)