Topic: Governor of the central bank of India is speaking positively on Bitcoin - page 2. (Read 2513 times)
December 31, 2014, 05:20:51 AM
central bank talks good about bitcoin? Something isn't right here.
December 31, 2014, 04:46:29 AM
Bankers will never support Bitcoin, he's just blushing....
RBI is an autonomous regulatory body in India. They are not involved into public banking.
December 30, 2014, 10:02:20 PM
Bankers will never support Bitcoin, he's just blushing....
December 30, 2014, 07:43:27 PM
This is great. If BTC can spread to more populous countries like India/China than it's sure to grow.
Its already wide spread in China. Not sure about India. I think the major factor has been the volatility that steers people away.
December 30, 2014, 06:10:02 PM
I thought India was super against Bitcoin. What happened?
Im not sure if anyone is against it as of now.! I'd say most of them r naive about it.!
December 30, 2014, 01:09:46 PM
wow this is great 
I hope more and more are using bitcoin, and bitcoin prices will increase and stable
I hope more and more are using bitcoin, and bitcoin prices will increase and stable
December 30, 2014, 01:06:54 PM
I thought India was super against Bitcoin. What happened?
India was not super against Bitcoin, just smart enough not to buy on a bubble and allow the Western geeks a chance to cash out, like the Chinese did.
In fact, we saved a lot of money because the RBI notice about bitcoin came on time. We would have lost a lot of money by now, if they did not make us aware about the downside of the bubble. Now, as I hear +ve words from the governor, I feel more confident to invest in Bitcoin.
December 29, 2014, 07:15:18 PM
Dr. Raghuram Rajan, governor of the Reserve Bank of India, has replied a few questions regarding bitcoin in an interview. I think, as a leader of country's central bank, his approach is +ve about bitcoin.
This is great news. A push from emerging economies like China and India can do wonders to Bitcoin adoption.
As we have seen from m-Pesa in Kenya, poor infrastructure and low banking penetration can result in people being open to new technologies.
December 29, 2014, 02:04:41 PM
wow, I hope we can see a more expanded bitcoin acceptance in India soon
December 29, 2014, 01:11:17 PM
I imagine this is Raghuram Rajan, he used to be an academic at the University of Chicago
A smart, progressive man by all accounts
A smart, progressive man by all accounts
In case if someone does not know over here, Dr. Rajan is an electrical engineer from IIT. So, to understand bitcoin, he does not need to rely on what is being briefed to him or being reported in the media. He can understand it directly from the bitcoin whitepaper.
December 29, 2014, 11:51:36 AM
these are really good news but I don't know if it could be easy to implement in india
December 29, 2014, 11:48:51 AM
This is great. If BTC can spread to more populous countries like India/China than it's sure to grow.
December 29, 2014, 11:48:00 AM
I thought India was super against Bitcoin. What happened?
India was not super against Bitcoin, just smart enough not to buy on a bubble and allow the Western geeks a chance to cash out, like the Chinese did.
December 29, 2014, 11:11:05 AM
I thought India was super against Bitcoin. What happened?
December 29, 2014, 11:08:00 AM
Just like every new thing in needs to earn trust. Remember when everyone was afraid to use a credit card online?
December 29, 2014, 09:51:13 AM
everyone talks of China having over a billion people
India has too
India has too
December 29, 2014, 07:25:29 AM
It's great and very unusual that man in such position, representing central bank, speaking positively on Bitcoin.
I would think that bankers will never accept bitcoin idea of decentralization, and no bank or central office behind, but I'm happy that I'm wrong at least with this great guy!
I would think that bankers will never accept bitcoin idea of decentralization, and no bank or central office behind, but I'm happy that I'm wrong at least with this great guy!
December 29, 2014, 07:15:02 AM
Great! While he highlighted the weaknesses of bitcoin but in the end overall he gave a positive outlook on the future of bitcoin.
December 29, 2014, 07:12:16 AM
I imagine this is Raghuram Rajan, he used to be an academic at the University of Chicago
A smart, progressive man by all accounts
A smart, progressive man by all accounts
December 29, 2014, 06:16:11 AM
The governor is open minded about bitcoin, not quite speaking positively about It. He is more interested in credit card payment with NFC.
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