Bitcoin Forum

Local => Press & News from India => Topic started by: nefron on November 20, 2013, 06:15:28 PM



Title: Indian farmers being paid in bitcoins
Post by: nefron on November 20, 2013, 06:15:28 PM

tea growers being paid in bitcoins by foreign traders.

http://www.thehindu.com/business/Industry/tea-growers-explore-bitcoin-option-to-expand-global-biz/article5368579.ece

kudos


Title: Re: Indian farmers being paid in bitcoins
Post by: Benson Samuel on November 21, 2013, 03:07:55 AM

tea growers being paid in bitcoins by foreign traders.

http://www.thehindu.com/business/Industry/tea-growers-explore-bitcoin-option-to-expand-global-biz/article5368579.ece

kudos

I had heard of this on FB. Didn't know that it had come this far. Was more of a casual conversation when it started.

A very nice 'use case' for BTC in India.


Title: Re: Indian farmers being paid in bitcoins
Post by: maurya78 on November 22, 2013, 11:49:18 AM
Fantastic use case!

Let's hope this is just the start of widespread and unusual BTC adoption in India


Title: Re: Indian farmers being paid in bitcoins
Post by: Benson Samuel on November 22, 2013, 11:51:13 AM
Fantastic use case!

Let's hope this is just the start of widespread and unusual BTC adoption in India

Have spent this on 2 clients so far.. Both seem engrossed.


Title: Re: Indian farmers being paid in bitcoins
Post by: niothor on November 23, 2013, 11:48:28 AM
Don't like this :
"While bitcoins are not illegal in India, the Reserve Bank of India is “watching and learning about the developments in bitcoin” even though it has no intention of regulating it right now."

Don't like it at all.


Title: Re: Indian farmers being paid in bitcoins
Post by: Absinthe on November 27, 2013, 11:17:18 AM
 ;D :D

LMAO.

RBI can control BTC as much as they can control math, gravity, or thermodynamics. 8) Unless of course they manage to shut down the internet. Or electricity.

The tide has turned. We will be witness to the biggest redistribution of wealth in history.