Topic: Less than 1% Indians are aware about cryptocurrency... (Read 2161 times)
There are many Indias. There's the educated, upper strata of society. This is up to speed with world developments and affairs. Then there's the huge educated middle class with its conservative values. This is currently undergoing attitude changes as the new technologies change life forever. Then there's the huge population which lives at village level. These people have traditional, conservative values. They appreciate the value of education and change is coming, but slowly. So you can understand that the elite knows and understands the value of cryptocurrency, but the awareness will take some time to filter down to all the levels of society, until all understand and appreciate the value of crypto. This us a very basic description, but I hope it gives some idea of the magnitude of the situation.
It's good for as, we are living in the golden era of the crypto currency. When other peoples will came to know about crypto that time pries will be very high and lot of new investors will come so its good time to accumulate cryptos as much as possible.
Actually in early years people thought that cryptocurrency is nothing but a fake currency but as time passed now many people started talking about it, slowly but gradually more people are getting interested in this technology and are eager to invest in crypto world of great returns. Now media is also talking more about it, which will help connecting more people to crypto market. One bull run and number of people will increase exponentially. Once government make it's stand about investing in crypto clear, audience will increase.
CRYPTO: Next gen of payment.
CRYPTO: Next gen of payment.
to adopt any new technology people takes time , same case here too . give them time and soon most of indians will be aware of it ..
first of all i am waiting for india's own altcoin .
first of all i am waiting for india's own altcoin .
A large number of India's population lives in the rural areas. Such areas are quite slow to adopt innovations. Nonetheless, the word is spreading. And as the awareness spreads, Indians will adapt themselves to cryptocurrency. Indians are highly adaptable people.
Many people are not known to even the internet let alone crypto 
the Indian market is huge so even if the hype of bitcoins is huge, it will take time and will grow slow and gradually, many people are afraid to join because of various rumors about government banning and arresting crypto holders and traders, when they will get confidence, they will join 
the Indian market is huge so even if the hype of bitcoins is huge, it will take time and will grow slow and gradually, many people are afraid to join because of various rumors about government banning and arresting crypto holders and traders, when they will get confidence, they will join Yes,Most peoples waiting for the final judgement of supreme court in Rbi case.It will play key role in the development and growth of Bitcoin in India in coming Years.Hope we get Positive News from Supreme Court.
many big player just waiting for government decision.
Exactly
many big player just waiting for government decision.
Supreme court judgement is very important for the future of Bitcoin in India.Hope Judgement come in favour of Bitcoin.
many big player just waiting for government decision.
According to some news, less than 1% Indians are aware about the thing called cryptocurrency, that means less than 1cr peopleSo I think their is long way to go for Indian crypto market
I guess, media influencers in India is a great help to educate their people to become aware and knowledgeable about cryptocurrency...in that way, the Indian people will be able to understand and see the reality about the cryptocurrency...and that's the start of their investment with ICO company in India...like the Bitxoxo platforms, the faster growing crypto in India..
But medias always spreading bad things about cryptocurrency,Most media here only reporting about scams taking place in cryptocurrencies and creating fear among peoples.
yes
many peoples starts investing without knowing details about How Blockchain works even gov. They takes crypto like MLM business and these majority peoples are also reason of dumping any ICO/Altcoin in india . According to some news, less than 1% Indians are aware about the thing called cryptocurrency, that means less than 1cr peopleSo I think their is long way to go for Indian crypto market
and rest are stuck in MLM business !
Ponzi schemes I guess, media influencers in India is a great help to educate their people to become aware and knowledgeable about cryptocurrency...in that way, the Indian people will be able to understand and see the reality about the cryptocurrency...and that's the start of their investment with ICO company in India...like the Bitxoxo platforms, the faster growing crypto in India..
But medias always spreading bad things about cryptocurrency,Most media here only reporting about scams taking place in cryptocurrencies and creating fear among peoples.
copper member
Activity: 33
Merit: 0
Converting Mining over "Internet of Transactions"
It is not about 1% actually it is more then 1% Indians who know about cryptocurrency, but the main reason behind the ban is that we humans are not in the state to understand the correct meaning of any new technology. Blockchain is one of the unique technology which is made to bring more about privacy, but we humans really don't care much about privacy and freedom and running behind what our leaders says !
Yeah, I would agree to the statement " less than 1%"
India is a big country with a lot of population, and it will take a long time for 50% or more indians to be aware about cryptos
exactly!...it takes a long time to reach at least 50% of their population..but then, there still hope if we will continue to spread the information about cryptocurrency by means of social media and of course with the help of other ICO company that is already established in India, like the Bitxoxo platforms...they surely have plans to educate the people of India.. India is a big country with a lot of population, and it will take a long time for 50% or more indians to be aware about cryptos
I guess, media influencers in India is a great help to educate their people to become aware and knowledgeable about cryptocurrency...in that way, the Indian people will be able to understand and see the reality about the cryptocurrency...and that's the start of their investment with ICO company in India...like the Bitxoxo platforms, the faster growing crypto in India..
you are so true!.the role of media influencers is such a great help for them to inform all the people around to world about the goodness of cryptocurrency...they will served as an eye opener for the people who wants to learn more..or may be they could browse some site of ICO company such as Bitxoxo..https://bitxoxo.exchange/
I guess, media influencers in India is a great help to educate their people to become aware and knowledgeable about cryptocurrency...in that way, the Indian people will be able to understand and see the reality about the cryptocurrency...and that's the start of their investment with ICO company in India...like the Bitxoxo platforms, the faster growing crypto in India..
IT will take time for Indian people like us to understand the crypto-world. As we all know that we have a tendency to now to trust anything at once. People are getting knowledge gradually from one way or another. Once they understand the power of crypto-currency, very soon india will be one of the major player. And trust me , its not going to take a lot of time.(if government clears it's stand)
The figure is higher for the Americans were up to 7 % of the population use Cryptocurrency
According to some news, less than 1% Indians are aware about the thing called cryptocurrency, that means less than 1cr peopleSo I think their is long way to go for Indian crypto market
[/quote
I guess, not today!..because the rise and increasing demands of cryptocurrency, there's no way not to be informed about!...one of the best crypto is the Bitxoxo!..wherein you could get the most benefit of it and it is only available in India, an hopefully, this will become available worldwide!
I would agree that less than 1% of the people are aware about crypto in India.. But that would not remain for long enough...
Jump to: