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Topic: Bitcoin Stores In India - page 2. (Read 4158 times)

legendary
Activity: 1855
Merit: 1016
October 04, 2012, 06:33:55 AM
#6
I read your blog.
You already have some access to movie industry, due to bitfilm.

If you can able to access popular movie stars or cricket players or anyone in media lights, you use them to promote bitcoins.

meetups are good.
But the total people wants to join bitcoin will be less than 0.0001 - 0.00001 (1 lakh - 10000) in the  India's total 100+ crore(1 billion) population.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
October 03, 2012, 09:17:34 PM
#5
Here is a meetup for Bitcoiners in Bangalore.

http://t.co/lLxBu0W8
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
October 03, 2012, 09:14:04 PM
#4
The recent traction in Mumbai and Bangalore suggests that it is opening up a lot more.
I had an interview with the director of Bitfilm.com who has already been working with art and animators from Bangalore. Check out my blog.

We can also do a lot of meetups to start sharing information and other learning platforms. All these will be sponsored.
Events as well.

Any thoughts?

The Bollywood idea sounds pretty good Smiley
legendary
Activity: 1855
Merit: 1016
October 03, 2012, 03:37:06 PM
#3
Most people in India in the state of receiving money, instead of sending.
Parents live in India, while their children working in many foreign countries.
To send money, many using western union or banks.
To send HUGE BLACK money, they use hawalas.

Getting out money in WU, bank, post office.........are very easy & their are many to help, if an illiterate wants to get money.
No one wants to change in to another method if they cant find it easy to use.
Bitcoin is still in BETA state.
To use that people MUST use be computer geeks, coz of client install, receive coins, send coins, download block chain.........................

The very first thing which will make some one to stop using bitcoin in India is downloading full block chain, which is in gigabytes.
Many ISP's give only 1-5 GB per month.
The time it takes to download block chain alone will upset users.

Many Indians mining, coz they can sell it as commodity, instead of using currency.
Simply, Mine-> sell-> profit.

So it will take more time for Indians to adopt Bitcoin as currency.
unless some Bollywood/Tollywood/kollywood actors act in cheating, costly, tricky ads to promote bitcoin.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
October 03, 2012, 05:47:41 AM
#2
bump
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
October 02, 2012, 05:05:05 PM
#1
I happened to have an interesting chat with someone very interested to invest in India's Bitcoin infrastructure.

Anyone open to discuss Bitcoin stores in India? 1 or 2 in each major city, that will trade Bitcoin over a counter.
Anyone aware of any regulatory problems? If not what would be an ideal setup?
Which parts of India has the greatest Bitcoin population?
Would college fests and IT companies allow a Bit-Education stall in their premises?

Anyone thought of a venture like this?
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