Quote from: BrewMaster on September 28, 2017, 02:41:14 PM

Quote from: alien-fx2 on September 28, 2017, 02:17:11 PM

...and I forgot to add that they have one of the most unstable currencies in the world. It makes sense if people are flipping to Bitcoin.

that doesn't make any sense at all! usability of a currency is defined within the boarders of the country not globally. of course being able to use it globally is a perk but "citizens" don't care as long as they can pay for their daily needs with their currency at hand!

and i assure you there are a lot of other currencies such as USD and EUR before they "flip for bitcoin".

this higher price and huge volume only shows that Indian know the real value and the potential of bitcoin.

The point is, Bitcoin is also a good hedge against USD and EUR, from a long term perspective.

Buying Bitcoin is also much simpler for a lot of people. If you buy your Bitcoins through localbitcoins, for example, you can avoid a lot of regulations.

Also, Bitcoin is unseizable.

alien-fx2

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