Quote from: elmwar on April 10, 2014, 12:51:14 PM

Our handpicked schemes are top performing for sure and that's why we guarantee anywhere between 6% to 11% annually.

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Just to be clear, what currency is this guarantee it? We're providing BTC. We'll receive BTC when cashing out. That would suggest your guarantee is also in BTC.
But of course you are talking about a guarantee in fiat. Which fiat? What exchange prices are used? You also have fees. What does this cost? Not Lambchop has a valid point. People can do this themselves. It's not a big deal to convert BTC to fiat or buy bonds at your local bank. You may have a small opening for convenience, but certainly investors need more information. And there currently is a HUGE risk investing with BTC.

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Dear Elmwar,

BTC can be paid during cashout or FIAT directly to a bank account. We use Btc-e exchange as that has been the most reliable exchange so far to deliver funds to India. Once we receive the BTC, we convert it into INR and store it in government approved securities. In the event that we find a better exchange, we will be glad to use it as long as the funds transfer to India is simple.

This initiative comes from the fact that half of India do not have access to banks or bank accounts. While that is likely to change quite soon, BTC can help a lot with this right now.

It is more a matter of convenience for people who hold BTC and want to invest it directly without converting. This would be a niche market product for people who are expecting the Indian Economy to work for them over the next 5 years (elections are underway and tremendous change is expected).

Regards
Team Invest Bitcoin