Why Bitcoin Could Thrive in a Country Like India

in #bitcoin8 years ago

At 1.32 billion, India’s population may have already taken over China’s – making it the most populous country in the world. According to a study by PricewaterhouseCoopers’, at least a whopping 233 million Indians still don’t have bank accounts.

Although due to demonetization(a government’s move that got rid of 86% currency notes in circulation) and under Prime Minister’s Jan-dhan Yojna (an initiative to open bank accounts for every Indian household), a lot of people have managed to get their bank accounts, but that number is far from 200 million mark.

Read more here: http://www.altcointoday.com/bitcoin-thrive-country-like-india/

Sort:  

If India and China get on board with crypto, it's only a matter of time before other countries follow suit. What a time to be alive!

There's actually a Chinese district that's implemented BTC payments for some civil services.

Right on! Upvoted and followed!

100% I agree

Why not STEEM.. It's faster and has no fees.

India will be great for bitcoin.

Indias banks are already testing a regulating cryptocurrency , would be a better currency to use than an inflated rupee

I think it's coming for real..just watch...crypto is the future

@steemcleaners
citing source doesnt fall under fair use as majority of content is plagiarized/ Multiple offences
Spam flagging in retaliation to tags