“How widespread is adoption? The WSJ reported that India ranks in the top thirty Bitcoin-using countries. According to The Genesis Block, Indian Bitcoin software downloads increased 17.23% in the third quarter and this is nearly double the average rate of growth in Bitcoin downloads registered by the other thirty countries. There are an 30,000 Bitcoin users in India, at least according to community estimates. The actual number could be far more.  For entrepreneurs like Sathvik Vishwanath, who runs CoinMonk, a Bitcoin mining startup based in Bangalore, the opportunity is just beginning to gain momentum in India.”

http://techcrunch.com/2013/12/03/india-wakes-up-to-bitcoin/

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