“In the winter session, several Members of Parliament raised questions about the use of the Bitcoin instrument by a section of small and specialised tea growers to sell their produce abroad. They wanted to know if the Government was aware of such practices, and if so, was it contemplating any action. The Bitcoin instrument helps the exporter and the importer of tea clinch a deal directly without any middleman. The transaction can be completed within a few minutes and weekly holidays, bank holidays or strikes do not stand in the way of concluding the deal. Also, payments can be received from anywhere in the world without any bank transfer or the use of debit or credit cards.”
Related posts:
Another US encrypted email service, founded by PGP inventor, also shuts down
San Francisco confiscates private street from Taiwanese investor, out $90k
Amash: Syria strike supporters 'might as well start cleaning out your office'
Snowden’s full statement from Moscow: ‘I did what I believed right’
How Crowdsourcing Solves Medical Mysteries
Judge approves use of 'truth serum' on accused Aurora shooter James Holmes
Police Officer Arrested, Fired For Firing Into Dwelling
NSA surveillance goes beyond Orwell's imagination: Guardian editor
China’s manufacturing slumps in August
Thomson Reuters to Suspend Early Peeks at Key Index
Email exchange between Edward Snowden and former GOP Senator Gordon Humphrey
New York Cops Arrest Artist Who Posted Embarrassing ‘NYPD Drone’ Posters [2012]
Bitcoin Gets Support From Sberbank CEO as Russia Plans Anti-Terror Law
Vietnamese Take to Streets to Protest China Oil Rig
Exoskeleton firm foresees future of bionic enhancements for everyone