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Topic: Bitcoin in India? Not for a LOOOOONG time. - page 15. (Read 14727 times)

legendary
Activity: 2170
Merit: 1427
December 06, 2015, 04:18:31 AM
#13
This just shows that Bitcoin usage and adoption is nothing more than peanuts right now. If everything is done in a well manner, then Bitcoin will grow to unseen levels. Inda is indeed rising and is even being considered to be a world power at one day by certain economists.
legendary
Activity: 1218
Merit: 1006
December 06, 2015, 04:05:49 AM
#12
I am from Nepal as you have mentioned in OP yes we are in big fuel crisis only due to blockade by indian government specially modi. It is very hard here to even get right medicine at right time and people are dying with small injuries too. But let make it apart talking about bitcoin it has lots of potential here as till now only esewa has been medium to get foreign currency via skrill. I am also discussing with some of the guy who trade on localbitcoin about opening bitcoin exchange over here. We are not advance in our political situation but we are not quite far from the technologies india have.

Lets hope the relation between india and nepal will remain good forever.
legendary
Activity: 3248
Merit: 1070
December 06, 2015, 03:31:39 AM
#11
Agreed, quite a pity. My friend, who's Indian, told me that his family back there couldn't really wrap their heads around a virtual currency.

Sure! Send us some pictures!

it's about generation, old generations, can't really understand something like bitcoin, there is too much religion there still ancient mentality, i guess that some of them are not even familiar with electronic payment

bitcoin need a new generation of people that understand well how and why it is useful for them
full member
Activity: 153
Merit: 100
December 06, 2015, 02:29:00 AM
#10
I am an Indian, Bitcoin is not that famous in India. People always prefer currency notes to cards, so having a mobile wallet is like far from reach. Only the younger generation is getting to know about bitcoin.
hero member
Activity: 506
Merit: 500
December 06, 2015, 02:13:26 AM
#9
If bitcoin became big in India, could you imagine the potential!
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
December 06, 2015, 02:07:43 AM
#8
It's a pity since that's a huge market out there that could cause a new price surge.
Are there already any Bitcoin related start-ups in India that any of you know of?

Maybe it's the fact that there are probably a lot less people in India who have access to the internet..Although India is known for its Techies..the proportion of these compared to maybe those in China having internet access and knowledge could be far lower.. This is just my 2 bit guess..
legendary
Activity: 1792
Merit: 1283
December 05, 2015, 11:08:08 PM
#7
It's a pity since that's a huge market out there that could cause a new price surge.
Are there already any Bitcoin related start-ups in India that any of you know of?
legendary
Activity: 2940
Merit: 1865
December 05, 2015, 10:38:25 PM
#6
I am a regular visitor to India (especially to Delhi, and Kerala). Although there are not many shops which accept BTC in these regions, you can easily convert your BTC to fiat cash (INR), at low premiums. In Delhi itself, there are dozens, if not hundreds of traders who trade Bitcoins for fiat cash. Use Localbitcoins to get in touch with these guys.

Hi Bryant,

We were too busy doing tourist crap (our first visit) so I saw none of that in Delhi (I did see a fabulously named shop in the business I was in Delhi's old town: "Fine Bearing Shop", LOL, they apparently sold used bearings -- wish I could have dropped in).



EDIT: Bryant, the ONE guy was an American on the tour. but he had never used BTC before, just read about it.
legendary
Activity: 2940
Merit: 1865
December 05, 2015, 10:35:41 PM
#5
...

Funeral pyres on the Ganges River one evening.  I could only get about 10 of the pyres in the photo, there were some 16 or so at this site when we passed by on the boat:

https://drive.google.com/file/d/0BxnHmH-02CQIQ3VHT2U2ZFJkNXJhRTAwTy15NzUwR2FDVnFj/view?usp=sharing

They wrap the bodies up within 24 hours, put butter oil on them and burn the bodies in sandalwood pyres within 24 hours.  Those who can do so do that at Varanasi (Benares) where I took this one.
legendary
Activity: 2940
Merit: 1865
December 05, 2015, 10:29:42 PM
#4
...

I was on a guided tour for Americans, so not exposed to India's HUGE tech industry.

Decoded asked for a picture or two, here's one of Mt. Everest that I took a few days ago on Buddha Air Flight 101 (yes...):

https://drive.google.com/file/d/0BxnHmH-02CQIenZiNktURVdHb0lvNjFlWGpJM0dsMWN6MGlB/view?usp=sharing

Have to click the link, still badly jetlagged...

Another photo soon on the Ganges, no BTC there either...
legendary
Activity: 3766
Merit: 1217
December 05, 2015, 10:26:14 PM
#3
I am a regular visitor to India (especially to Delhi, and Kerala). Although there are not many shops which accept BTC in these regions, you can easily convert your BTC to fiat cash (INR), at low premiums. In Delhi itself, there are dozens, if not hundreds of traders who trade Bitcoins for fiat cash. Use Localbitcoins to get in touch with these guys.
legendary
Activity: 1232
Merit: 1030
give me your cryptos
December 05, 2015, 10:10:38 PM
#2
Agreed, quite a pity. My friend, who's Indian, told me that his family back there couldn't really wrap their heads around a virtual currency.

Sure! Send us some pictures!
legendary
Activity: 2940
Merit: 1865
December 05, 2015, 10:06:35 PM
#1
...

We are back from a long trip to India and Nepal.  If wanted I can share pics with those interested.

I see that "not much" that I can see has happened in "Bitcoinistan" since I left.

I will mention that NO ONE has heard of Bitcoin save ONE person in our tour group (18 of us total). 

Bitcoin may be BIG in China, but not in India (certainly not Nepal, now under a fuel embargo by India -- complicated).

India IS progressing faster than I woulod have guessed, they have seen the light re infrastructure (and other things to advance, you know, things like economic freedom, etc.) and of course a relatively tranquil democracy.  But, BTC ain't ready for primetime there.  Pity.
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