RE: Bitcoin to 25k is conservative.

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Bitcoin to 25k is conservative.

in bitcoin •  7 years ago 

Bitcoin not valid in India why ?

bitcoin
7 years ago by

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      ·  7 years ago 

    It is valid everywhere mate.. Doesnt matter where you are from you can use it. Decentralization, Border-less, transnational...yea?

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        ·  7 years ago 

      Hi I think bitcoin is neither legal nor illegal currency in India. Please correct me if I am wrong.

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          ·  7 years ago 

        China, India, Korea....every govt. has been banning BTC like every second day..But its still around yeah..
        Its been long since i have stopped thinking the idea of govt. banning Bitcoin seriously..

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            ·  7 years ago 

          But bro direct bank withdrawls are banned.
          So in the mean it is 1 type of ban only.
          Can you help it out my point.
          Please. @amreshchandra

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              ·  7 years ago 

            Dont withdraw mate use it as a medium of exchange (with your frnds and people who accept Bitcoin) /store of value? Im unsure of withdrawal process in India though..

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                ·  7 years ago (edited)

              It is valid just we can`t buy-sell it at present using bank transactions. Peer-to-peer transactions are allowed

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                  ·  7 years ago 

                Charge in Bitcoin for your services..Ofcourse of now you dont get paid in Bitcoin from your workplace. If in case you do any freelance stuff, you can for sure transact in crypto .. Nice to meet you :)

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                    ·  7 years ago 

                  Yeah that is absolutely right we can starting charging in bitcoin and it has already started on small scale in Pune , Bangalore and Bombay (India). There are many hotels who accept Bitcoin as payment mode. Crypto future is quite bright and much more is yet to come on its way :)

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