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Topic: Is it a good idea to start a new Indian Altcoin? - page 2. (Read 1065 times)

jr. member
Activity: 57
Merit: 4
I think India would be a good place to start an altcoin, even though the coin shouldnt relate to a country. It should relate to an opportunity in this country. 
I am sure it can be successfull, if you can get together a great team of developers, the same as support from private and/or official institutions.  Could tell them about all the advantages e.g. instant payment, easier payments, which could develop rural areas to have more access to the nationwide market without any hassle of opening an bank account and paying a lot of bank transactions fees. 
Anyway i think supporter of the technology in public or private sector are needed to make a project like that successfull.
legendary
Activity: 2730
Merit: 1288
Hello everyone!

I'm new to the altcoin realm so please excuse me for being an idiot  Smiley

I just wanted your opinion on whether it would be a good idea to start an ALTCOIN based on India. Our government is relaxing its policies on digital currencies so I was wondering whether I could start such a coin.

Thanks in advance!

Altcoins have no residence. If india is relaxing it policies to crypto is only Good. But they are relaxing it for any coin not just coin you would have.
newbie
Activity: 46
Merit: 0
It really doesn't matter what country you're from. You can create a coin if you have an idea of a purpose it could serve in the economy. Otherwise it would just be another shitcoin hoping to be pumped.
Its easy to 'just' create a cryptocurrency. But its a lot of work to create a great one that could possibly survive till crypto becomes mainstream.
legendary
Activity: 2450
Merit: 1047
Hello everyone!

I'm new to the altcoin realm so please excuse me for being an idiot  Smiley

I just wanted your opinion on whether it would be a good idea to start an ALTCOIN based on India. Our government is relaxing its policies on digital currencies so I was wondering whether I could start such a coin.

Thanks in advance!

Why not but you should not be the one starting out or else it will be a big flop,let a real developers who knows the ins and outs of crypto currency and how to market and create awareness,you admitted you are an idiot so it's hard for an idiot to manage a cryptocoin but much a great country like India.
newbie
Activity: 31
Merit: 0
Hello everyone!

I'm new to the altcoin realm so please excuse me for being an idiot  Smiley

I just wanted your opinion on whether it would be a good idea to start an ALTCOIN based on India. Our government is relaxing its policies on digital currencies so I was wondering whether I could start such a coin.

Thanks in advance!
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