While there is a discussion on one hand about the RBI regulations on Bitcoins, the promoters of Laxmicoin are reported to be waiting for RBI clarifications for launching their Crypto Currency. (See Economic Times)
Apart from the controversies surrounding Bitcoins in general, Laxmi Coin is likely to encounter another problem of using religious sentiments to promote the coins.
Should the name of the Goddess of Wealth be used for naming a commercial product?… It is worth debating.
Naavi
I think Laxmicoin is excellent name
and to me Laxmicoin idea looks better than Bitcoin specially for Indian environment
Hello,
I see the point you have got up here. I’m hoping it will pass off as another product like Laxmibomb or Laxmi Vilas bank or Dhanlakshmi Bank. I’m hoping that secular India will embrace it for all transactions as it is the first Indian fork of the first cryptocurrency.