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381  Local / India / Re: Delhi Starts a Meetup Group on: January 08, 2014, 10:54:36 PM
Abe yaar 26th Jan.  Tongue


Changed to 25th
382  Local / India / Re: How can bitcoin penetrate rural India? on: January 08, 2014, 05:47:10 PM

Today, these farmers have bank account with a debit card and everyone holds a mobile phone (a basic one).

1. Can something be worked out of this or do you thing the additional device (be it a simple android device) is essential .

@benson Most of them do not engage in on-line banking, they use banks to get paid, ATMs to withdraw and Paper cash to spend.
And Banking regulations don't seem to affect farmers much. I think the idea of a "community center" will lead to something similar to a co-operative bank.


Well for a  more  permanent solution  would be a low power ARM power  compute may be  a pi, it would  cost  the  co-operative less than Rs 5,000/ . it would be  safer that way, or alternatively an  android device would  give the cooperative mobility while  doing  sales. a device  connected to a  network is  essential, for doing  transaction. for storing BTC they dont  need to be on the  network. 

I for one cant  see  any other  way of  doing this .
383  Local / India / Re: How can bitcoin penetrate rural India? on: January 08, 2014, 05:13:22 PM
Today I met with a head of a Organic farming co-operative initiative in Tamil Nadu and was trying to see how bitcoins can fit into the picture.

I was focused on two things
1. To encourage distribution of bitcoins
2. To encourage people transact with bitcoins

So I asked them if they could issue a very small portion of the profit (say 0.5%) as bitcoins?
They were willing to experiment.

As I was discussing how money can easily be transferred across wallets. The fundamental question was
1. Most of the people in villages do not have access to internet or smart phones. So how are these people going to hold or transact in bitcoins?

So are bitcoins only for literates with a understanding of technology and who hold sophisticated gadgets ?



Well the question about technology is a  big one.  the bitcoin network requires transaction  to be  verified, making  offline transaction using  paper wallets not  viable. even if these private key wallets are  issued by a Certifying Agency, forgery becomes a  problem.

the short answer  is  that the farmer  will require a device  with an internet connection. not a sophisticated gadget but a simple  android device or an  atom/arm computer.

a co-operative can use  this  as their  main source of  transaction,  as this  does not  come  down to an individual  farmer. But  rather  the  wholesale  of  goods to  the market or  individual buyers  through  delivery or pickups.

384  Local / India / Re: List of Bitcoin Based businesses (India) on: January 08, 2014, 05:05:00 PM
further  digging gives this as their  address

(080) 26616548 No.223,
2nd Floor, Near Davangere Benne Dosa Hotel, 4th Main, 3rd Cross, Chamarajpet, Bangalore - 560018

this as their  blog
http://igotinc.blogspot.in/

From  various  job posting  on the internet  it looks like a data entry company. but all communication ends on March of  2013. after that it goes dark and then this site  is updated on  December 2013.

385  Local / India / Re: List of Bitcoin Based businesses (India) on: January 08, 2014, 04:15:22 PM
Just found this https://www.igot.com/

They have INR listed as well. Quite interesting if anyone here knows about it or tried it.
The site has no address to contact, has no telephone support.
Even in help, if try to search, it doesn't allow any thing to enter & refreshes page.
very fishy site.

I agree 1 the  site, does not have  any reference in the forum, there is no  announcement  made, have to keep an eye on this  and  recommend it not be  used  for now. 
386  Local / India / Re: Bad start for Bitcoin Alliance of India or just Confusion? on: January 08, 2014, 04:00:58 AM
http://www.naavi.org/wp/?p=2213

Quote
P.S: Naavi is not a member of Bitcoin Alliance as has been wrongly reported by The Hindu in one of the recent reports.

http://www.bitcoinalliance.in/?page_id=6

Quote
Individual Membership:
Vikram Nikkam (Bangalore)
Sathvik V (Bangalore)
Rajath V (Bangalore)
Harish B V (Bangalore)
Amith Nirgunarthy (Bangalore)
Vijayashankar Na (Bangalore)
Nathasha Ambrose (Bangalore)
Anand Rajendran (Coimbatore)
Vishal G (Mumbai)
Anonymous-01 (Bangalore)

Hmmm, probably a typo or mistake.  Roll Eyes
Or maybe Naavi joined after the 5th.

Quote
Vijayashankar Na at January 8, 2014 8:56 am wrote:
I have requested the website to remove my name.

I was not wrong after all. Second fake testimonial. These boys make a load of typos.

LOL !!! this is just wrong. or may be there is another guy with the same name  Grin Grin
387  Local / India / Re: Bitcoin in TV series ALMOST HUMAN on: January 07, 2014, 10:58:26 PM
none of you going to say what a crap job the writer did on the research of bitcoins there was only ever 21 mil bitcoins right now each one is worth £450 and is only going to go up but by the price of today all them non rich people had 4,999 BTC thats £2249550 to pay for the inplants every 30 days @subvolatil they never indicate the amount to = $ in fact they say they are bitcoins and there are 4,999 bitcoins on there

i was  talking about the Simpsons episode.
388  Local / India / Re: Unocoin is back on: January 07, 2014, 10:43:56 PM
Is there any investigation on the people who had sent in their KYC previously?
Is this a honeypot for officials?

Would be good to protect customers as well with some of these doubts cleared before reopening.



This exchange  can  do a better job.   www.bitquick.in
389  Local / India / Re: Bad start for Bitcoin Alliance of India or just Confusion? on: January 07, 2014, 09:51:48 PM
http://www.naavi.org/wp/?p=2213

Quote
P.S: Naavi is not a member of Bitcoin Alliance as has been wrongly reported by The Hindu in one of the recent reports.

http://www.bitcoinalliance.in/?page_id=6

Quote
Individual Membership:
Vikram Nikkam (Bangalore)
Sathvik V (Bangalore)
Rajath V (Bangalore)
Harish B V (Bangalore)
Amith Nirgunarthy (Bangalore)
Vijayashankar Na (Bangalore)
Nathasha Ambrose (Bangalore)
Anand Rajendran (Coimbatore)
Vishal G (Mumbai)
Anonymous-01 (Bangalore)

Hmmm, probably a typo or mistake.  Roll Eyes
Or maybe Naavi joined after the 5th.


Well they dont represent the bicoin community any ways, They dont want to be part  of  community  discussions, they have  never contributed  any thing to the community and half of them are not  even entrepreneurs.
The coinmonk and unocoin have  never  done business  with any of the bitcoin  community, they have only opened a company and a  website, that accounts  to nothing  at all. Their  business practice are questionable and frankly speaking this is a classic dick move to fanning the press to  get publicity and con the  general public.

this  quote makes  me  think alot, seems awfully timed
Quote
Typical Indian way of dealing with competition. First they got their rival arrested. And now they are officially launching their service.  Grin
390  Local / India / Re: Bitcoin Phishing Scam - BEWARE on: January 07, 2014, 09:27:19 PM
Read this. Your greed might get your machine infected.

http://imgur.com/a/7Ndc1

nice .

Can i get a copy of that txt if you still have it  would love to  see  what it is  does. maybe they left some thing  to connect to them.
391  Local / Press & News from India / Re: Get your Bitcoin in cash: World's second Bitcoin ATM to open in Hong Kong on: January 07, 2014, 05:22:27 PM

Also met someone who wants to bring ATM's to India. They cost anywhere from 10 - 20K USD.

Its worth talking  and  getting it  setup.  

Go for it.
392  Local / Press & News from India / Get your Bitcoin in cash: World's second Bitcoin ATM to open in Hong Kong on: January 07, 2014, 04:36:45 PM


http://edition.cnn.com/2014/01/06/business/bitcoin-atm-hong-kong/index.html
393  Local / Press & News from India / Re: [6-1-2014]- TheIndian Express: Bitcoin body advises public to keep off on: January 07, 2014, 04:36:13 PM
The report says that 'The alliance is a newly- formed body with around 10 traders as members', who are the part of this group?

Idiots who are not part of the  bitcoin community and  has  no baring  about  opensource  community .  those guys are  doing  it for them self, not a  bitcoin community.
394  Local / India / Re: Unocoin is back on: January 07, 2014, 03:49:17 PM
Forgot to mention what these guys  did  earlier ;

Quote
Has Coinmonk kicked off their site?

yeah, check out http://unocoin.com/

I tried to register, but no mail was sent to me.

Looks like  coin monk is  Falsely  advertising Benson Samuel name to  make  a buck.

What a  bunch of  scam artist.

Would not  trust  them .

Lemme talk to em first..

I just  had to do this.
Regardless if they  were  just  doing  a trial. Putting up  a  testimonial without  that person  actually  a being  able to  signup for that service. Its  cold. Way to  cold.  



395  Local / India / Re: Unocoin is back on: January 07, 2014, 03:20:52 PM


and  by the  way stop  using  sock puppet  accounts  i can  see  you have been  flooding  the  forums  with your  crap . even  on reddit  is the  same words. 

Either  be a  part of the community or   stay the  hell out . this  type of unethical  crap  wont  work.
396  Local / India / Re: Unocoin is back on: January 07, 2014, 03:16:58 PM


Well still  would not  use that service. Those  guys  just  dont know  what business  ethics are.
397  Local / India / Re: List of Bitcoin Based businesses (India) on: January 07, 2014, 05:03:20 AM
Any one  know  any new businesses starting up in india?Huh

Coinsecure will be providing free chat and phone support across India for anyone who wants to know about Bitcoin.

Trying to launch it this week.

I would suggest adding a bit of cryptoparty and cypherpunk's too  Tongue Tongue

I think CIS does the Cryptoparties in India

Any one can do it .  even you can do it, during your bitcoin meetups.

Hum... that gives me an idea... a bitcoin/cryptoparty meetup.
398  Local / India / Re: List of Bitcoin Based businesses (India) on: January 07, 2014, 04:47:23 AM
Any one  know  any new businesses starting up in india?Huh

Coinsecure will be providing free chat and phone support across India for anyone who wants to know about Bitcoin.

Trying to launch it this week.

I would suggest adding a bit of cryptoparty and cypherpunk's too  Tongue Tongue
399  Local / India / Re: List of Bitcoin Based businesses (India) on: January 06, 2014, 10:05:24 PM
Any one  know  any new businesses starting up in india?Huh
400  Local / India / Re: Delhi Starts a Meetuo Group on: January 06, 2014, 08:47:26 PM
Any possibility to keep this on the following weekend? That is 30-31? I'd be interested in attending.

We have regular IRC meetups  that happen almost weekly you can attend those on the IRC.
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