Topic: Timeline: An Overview of Bitcoin in India (Read 375 times)
Bitcoin in India is growing rapidly, but the article state that RBI governor said cryptocurrencies needed to be controlled. It means bitcoin has made big impact in India, thats why the authorities and government are observing bitcoin, and trying to control it.
Whoever enters that market is going to have a tough time with the laws and regulations. It's not a easy market to penetrate and the majority of the people are very poor.
There are potential for real growth and also the remittance to India from people working abroad. The families need to be able to spend that money directly without the
intermediaries taking the lions share, like with WU and MoneyGram.
There are potential for real growth and also the remittance to India from people working abroad. The families need to be able to spend that money directly without the
intermediaries taking the lions share, like with WU and MoneyGram.
We need to conduct educational events across schools, meetups and hackathons, where we engage with people to understand Bitcoin better in India.
Lots of heads are turning to look at India now that China's growth may not be quite as big as some expected. India looks promising.
http://www.coindesk.com/timeline-an-overview-of-bitcoin-in-india/
Bitcoin in India have been grown since 2013
Bitcoin in India have been grown since 2013
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