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Topic: Future of Bitcoins in India? (Read 1371 times)

full member
Activity: 126
Merit: 100
bitcoin exchange in India
June 20, 2014, 11:36:30 PM
#9
Is it Fed Reserve or any Central Bank in the world ( except Singapore) regulated Bitcoin.If not, why should we blame RBI.
RBI's priority list is
Inflation
Trade balance
Stop counterfiet currency
Banking to the poor ( RBI is studying Bitcoin on this  "India's unbanking: Bitcoin is the solution"  )

full member
Activity: 140
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June 12, 2014, 01:40:05 PM
#8
Yes, I also heard, Indian RBI Regulation over Bitcoins, Much harder than other countries. So, IN India not good for Bitcoins like currency future better.
I think the problem is not what you mentioned that RBI Regulation over bitcoin are hard the problem is  RBI don't have any proper guidelines for bitcoin, which makes most of people uncertain about whether to indulge into bitcoin or not.
newbie
Activity: 5
Merit: 0
June 12, 2014, 12:33:54 PM
#7
Yes, I also heard, Indian RBI Regulation over Bitcoins, Much harder than other countries. So, IN India not good for Bitcoins like currency future better.
hero member
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March 17, 2014, 09:10:02 AM
#6
As far as no government/legal authorities fuck around the future  is very very bright !!! Iam just holding up all my coins waiting for BTC to cross 1000$ this year. Grin
sr. member
Activity: 465
Merit: 250
March 16, 2014, 08:35:08 AM
#5
As per new RBI directives, do you think there is a future for India in the Bitcoin boom?

RBI is known to be very slow, they haven't even allow recurring payments for Indian credit cards.

Will it be different for Bitcoins?
I was curious to know the answer of that question too..! because India has a lots of problem which we are fighting right now, one of them is corruption and black money... and there is so much ambiguity about BTC future in India..! but we hope for the best.


Yes, we should just hope for the best

It just seems that if RBI coninues to act slowly and people may use Bitcoin for corruption or black money, then it will not be good for the future development of Bitcoin in India
hero member
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February 11, 2014, 12:03:14 PM
#4
As per new RBI directives, do you think there is a future for India in the Bitcoin boom?

RBI is known to be very slow, they haven't even allow recurring payments for Indian credit cards.

Will it be different for Bitcoins?
I was curious to know the answer of that question too..! because India has a lots of problem which we are fighting right now, one of them is corruption and black money... and there is so much ambiguity about BTC future in India..! but we hope for the best.

great!  Kiss
sr. member
Activity: 350
Merit: 252
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February 10, 2014, 03:10:50 AM
#3
As per new RBI directives, do you think there is a future for India in the Bitcoin boom?

RBI is known to be very slow, they haven't even allow recurring payments for Indian credit cards.

Will it be different for Bitcoins?
I was curious to know the answer of that question too..! because India has a lots of problem which we are fighting right now, one of them is corruption and black money... and there is so much ambiguity about BTC future in India..! but we hope for the best.
full member
Activity: 199
Merit: 101
January 20, 2014, 12:22:57 AM
#2
As per new RBI directives, do you think there is a future for India in the Bitcoin boom?

RBI is known to be very slow, they haven't even allow recurring payments for Indian credit cards.

Will it be different for Bitcoins?

Bitcoin / P2P digital currency is the FUTURE.

It's all relative who catches up with what and how fast  Roll Eyes
newbie
Activity: 5
Merit: 0
January 16, 2014, 04:16:46 AM
#1
As per new RBI directives, do you think there is a future for India in the Bitcoin boom?

RBI is known to be very slow, they haven't even allow recurring payments for Indian credit cards.

Will it be different for Bitcoins?
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