When it comes to India, we usually think of the fact that this country likes singing and dancing and its population is catching on with China. Its backwardness in development lags behind in software talents. However, bitcoin is now in a storm in India as there are huge potential for Bitcoin in the Indian market, involving hundreds of billions of dollars in gold, hundreds of billions of dollars in the information technology sector and hundreds of billions in remittance markets.
Since the Indian government started to abolish large banknotes, bitcoin activists in India have been working hard to educate Indian nationals on how to use bitcoin. Bitcoin may help India skip the plastic currency infrastructure and develop modern financial infrastructure.