Daily Archives: January 3, 2014
Press Should not misrepresent Bitcoins
Whenever press writes an article about Bitcoin, they use pictures similar to the following. This picture immediately invokes the thought of a fiat currency and regulators start thinking how anybody can “mint” such coins without their permission. However the correct … Continue reading
Why India is an attractive market for Bitcoins
India is a country which tops in the annual inward remittances. In 2012, the total inward remittances were estimated at US$ 69 billion. China with US$ 60 billion was the second best. (Refer article). In the year 2013, despite the … Continue reading
Bitcoin Community in India organizing itself
Countering the recent enforcement enquiries on two of the Bitcon traders in Ahmedabad and one in Tumkur/Bangalore, some of the operators in Bitcoin community have tried to organize themselves into an interest group so as to take up their case … Continue reading