Bitcoin in India: The digital currency Bitcoin is gaining popularity in India. There’s now a campaign to make it part of the country’s financial system. And a conference is being held in Bangalore to promote the advantages of virtual money. Al Jazeera’s Faiz Jamil reports from Bangalore.
source
https://www.facebook.com/Bitcoin-india-310283232695271/
There is a wallet that gives 5% monthly intrest on bitcoins ,its called MBTC wallet, joint venture with bitcoin core, some terms are : Minimum 0.5 BTC Required to gain intrest, Minimum locking period is one Month, for more details and info download MBTC wallet application here,
https://www.dropbox.com/s/920841i3xiw765u/MBTCWallet.exe …..
When is the next meet up/conference?
can anyone teach me how to convert bitcoin into cash …real cash
Bitcoin is a super giant scam of all times that'll put even FIAT currency to shame. Stay away. Hint: 1- "No intrinsic value", 2-"No guarantee."
anyone here becose of yogscast?
Oh god, I so wish I could go to that conference!!!
to tha moon
you don't even have to transfer the bitcoin to a phone wallet to move it out of the country .. just bung it in a Truecrypt encrypted volume and load it onto your preferred cloud storage (or use Bittorrent Sync) to download from wherever you like.
Fiat is used in money laundering, funding of terrorist organisations and a plethora of negative things. Yes bitcoin could be used for illict actions but that is no different than the illict actions already funded by Fiat. The shutting down of silk road was one of the best things to happen to bitcoin, as trust was gained between users and it authenticated the true purpose of bitcoin.
The time of excessive bank/exchange fees, restrictions of trade and restrictions of portability are over. Long live Crypto!
Awesome! BTC FTW!
by regulate do you mean profit ?
How is bitcoin gaining popularity in India by just showing a couple of people showing interest. I bet there are people in ethiopia or south africa that have interest in Bitcoin
hmm, computer money, don't think thats a good idea, hackers can wipe away thousands with just a new trick
Bullshit ! an other trick to make a minority of men getting rich. I would be surprise if there was no patent behind this. And for sure it will end up as an asset within Goldmansachs portofolio…
as usual. too afraid.
u could expect more such statements from gov soon, as if they are super clean gov. loolter loots openly in india. hardly any big scammer got punished.
tell me if regulators are so effective then how scammers run away with huge amount of money undetected. money launderers are still able to do what they want with current worlds most efficient regulators.
Another problem is peoples stupidity and gov wants to keep people that way.
LOL .can't stop laughing. I m proud indian.
Well I can understand why they're worried about money laundering, because that never happens with other currencies ever.
hmm thats surprising for a 3rd world country
If India has no financial infrastructure then why are all the fking banks over there?
One world currency…?