“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/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Ecuadorean Tribal Leaders Fight Government, Gold-Hungry Chinese
Anti-Muslim Bigots Are “Useful Idiots” for ISIS
The TSA is looking for Bitcoin
‘Anti-Gravity’ 3D Printer Uses Strands to Sculpt Shapes on Any Surface
In First Day With Bitcoin, Overstock Does $126,000 in Sales
Paul Craig Roberts: Putin Dresses Down The Group of Eight
Texas Game Wardens Prepare for War
Why business is leaving California for Texas
How to buy EU citizenship
Income, Sales, Gas, Vehicle, and Alcohol Taxes Hit All-Time Highs
Perversity of Modern White-Collar Criminal Remedies
Californians Sign Petition Allowing U.S. Troops to Commandeer Homes
Americans Can Still Benefit from Tax Havens
Scotland’s Independence: A Glimpse of America’s Future
Mortgage Rates Are at Their Highest Levels in Two Years