Daily Archives: January 2, 2014
Effect of Bitcoins on floating currency
While RBI is trying to formulate regulations for the Bitcoin, it is time to start thinking of the benefits of India formally recognizing the Bitcoin as a currency of exchange. According to coinmarketcap.com, the total market capitalization of Bitcoins today … Continue reading
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Government Sops in India and Bitcoins
One of the arguments of Bitcoin community is that the fiat currencies which carry the backing of a Government are being produced without any consideration to the inflationary aspects. After the de-linking of the Gold standard, the supply of fiat … Continue reading
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