Today I met with a head of a Organic farming co-operative initiative in Tamil Nadu and was trying to see how bitcoins can fit into the picture.

I was focused on two things
1. To encourage distribution of bitcoins
2. To encourage people transact with bitcoins

So I asked them if they could issue a very small portion of the profit (say 0.5%) as bitcoins?
They were willing to experiment.

As I was discussing how money can easily be transferred across wallets. The fundamental question was
1. Most of the people in villages do not have access to internet or smart phones. So how are these people going to hold or transact in bitcoins?

So are bitcoins only for literates with a understanding of technology and who hold sophisticated gadgets ?