More importantly, why do we want Bitcoins to be popular in rural India?
We have bigger problems and issues to tackle as it is. I fail to see how Bitcoin helps with any of those.
We have bigger problems and issues to tackle as it is. I fail to see how Bitcoin helps with any of those.
That is where the buck stops.
If you can enable the cow owner to sell milk for Bitcoin and someone to sell him rice, wheat and booze, the loop is complete.
While there may be bigger issues at hand, financial independence is pretty huge and the best part of this is that it is already available. The larger issues will take time and some of them do not even have a solution as yet.
Thats my issue. I don't see how Bitcoin helps the farmers as opposed to Gandhi cash?
Btw, I have farmed rice and mustard, but not booze
A short case study would be something happening near Kanakapura where a village has started to sell cow based products (milk, excrement based meds, etc). Due to FDA norms, there is no way for them to certify/ distribute/ get paid for their product.
These are meds that they have used for several hundred years successfully but cannot outbudget alopathy marketing.
Villages and farmers need to be introduced to future trends like Bitcoin as it enables a new line of thinking and innovation.
How do you get that kind of flexibility with the rupee?
I know a farmer who brews his own
Happen to wet my beak with that treat every time am in Kerala