Post
Topic
Board Bitcoin Discussion
Re: Bitcoin in India
by
bitcoinTrader
on 13/06/2012, 19:07:37 UTC
Nice to see the discussion about bitcoin in my native country.
Yes, gold and stock market is a common form of investment in India.

I have known bitcoin now for more than a year.
I am an expat and sending inward remittance to India every month.

There is a transaction fees of 15 AED (~4 USD), and the money is credited in 24 hours or less.

So for me, I dont think currently remittance in the form of bitcoin is feasible.

Just my thoughts.