Not sure if you are pretending to be dumb or you just are..
Lets say i am dumb enough to say that to you. They selected the domain because it rhymes with the brand they own and i was telling that it has nothing to do with the specific country code.Who said anything about an Indian board or Freebitco.in having anything to do with India?
I just posted you a question and never said you claimed so 
.The .IN subdomain was created and released for Indian websites way before Freebitco.in even existed. And out of all the .IN websites, I think this one one is the most popular. What has that statement got anything to do with your interpretation of my statement?
Since you posted this question, we now know that the site has a higher rank in alexa, i was not aware of that earlier 
.Please do not misquote people.
If you think i misquoted you, i will clarify that too.