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Quote from: The_Dark_Knight on December 16, 2016, 02:20:55 AM

Quote from: pereira4 on December 14, 2016, 07:26:05 PM

It's unfortuante that india is not ready for bitcoin yet, mainly because people is too uninformed to even know what it is let alone how to properly use it to store and move their wealth. A lot of people is going to lose their net worth because of government stupidity and gold will be confiscated if they try to go the gold route.

People from India love gold so if the government tried some confiscatory measures Im sure there is going to be strong resistance against it, that is why I think India is going to adopt bitcoin, if we explain them that bitcoin is like an electronic form of gold.

Bitcoin is already being adopted by many Indians. And after demonetization in India, many peoples are getting into Bitcoins. The acceptance rate of Bitcoins will be going further gradually. Not only they are uninformed, many people live in fear. Gold can be bought electronically also, but they by physical gold out of fear for feeling more secure.

i see that indians realize that bitcoin is become another solutions for their economic and they can use bitcoin for the payment, beside that bitcoin is really safe and secure than gold so i think this is a good to be adopt by other country and other people so we can make bitcoin more grow than before.

India need too much time to adopt bitcoin like China and Indonesia because here most of things control by strict government policies so they are not allowing peoples to involve in this right now but some peoples trying to spread this which is very good signal

They might not use the bitcoin, but they can buy and hold the bitcoin.

Siatald

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