India is gravitating towards being a cashless society, I can see Bitcoin would gain a lot of traction in india during that time.
I suppose only one way to find out, shouldn't be too long now if they follow up with what their government said.
Yeah, exactly, because recently, India government has banned their 500 and 5000 notes that's why people suddenly turn the bitcoin, and using it in transactions. May be it is a reason.
But about the thread, i think that bitcoin is a global currency, because it is used in all over the world and people use it in different ways of saving, trading and gambling and also different transactions.
We have the same understanding on the current status of bitcoin, it's definitely a global currency which made us connect from different places of the world. Here, we have complete freedom on what we want to do with our bitcoins, we can use it as our capital to grow our finances and at the same time we can enjoy here through gambling with our bitcoins.
I heard that india case, also see pretty much india bitcoin user and even developer who want to build a bitcoin business to build their financial better, they actually deligent people who want to learn, i appreciate it.
Well bitcoin will not touch at government level, yes it could be have a chance to become global, more people will know what bitcoin is, but in this case they will use it as alternative currency which will not replace fiat. any bitcoin features is against government terms, so why this will not replace fiat.
And sadly you just using bitcoin for gambling, yes it have an ability hard to tracking when using your credit card, people around you will must be know your activity, but don't be addicted to gambling.
