Post
Topic
Board India
Re: 1 Paisa = 30 Satoshi
by
newIndia
on 04/06/2017, 21:11:33 UTC
I was just checking the INR to BTC conversion on Google. Suddenly an interesting thing struck me. Have u ever thought 1 Paisa = 30+ Satoshi at current market rate ?

And in next few years , we don't know where we'll be..! BTW I tried Google INR to BTC conversion its goes down to minimum of 0.000001BTC = 0.03 INR @current rate. 1paisa has become obsolete but 1 satoshi might become more valuable/mainstream someday.

Nice analogy. I wish, someday, 1 Satoshi becomes worth of 1 INR Roll Eyes

That is a long way to go... ATM 4300 Satoshi = 1 INR

Allot of people in India are hoping for that rate, especially those who are holding their bitcoins from years now. I don't know how will I convert my bitcoins to rupees if that happens because FEMA will definitely ask all of the Bitcoin traders and users regarding the details.

If 1 Satoshi ever touches 1 INR, u wont need to convert them to INR anymore. Wink