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Topic
Board Press & News from India
Re: And now, a desi digital currency in the offing-Laxmicoin
by
mitts.daki
on 16/12/2013, 19:33:51 UTC
Hey when we have bitcoin, so why creating laxmicoin? Any particular reason for this and also will it only be limited to India or Internationally too it will be accepted?
Hi Bitcoinisfurture,

Today you see so many countries are stopping use of Bitcoin

read news below
http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

and in our presentation mentioned why we need Laxmicoin

We want to work with Local business first then international business and international  digital currencies

I am not sure if you have watched this video if not please watch this and see the fear of Law agencies in India
http://www.youtube.com/watch?v=BM10sKEJRho

India definitely needs own digital currency which can work with local business as well as international  currencies