Revisiting - The Legality of Bitcoin in India

[Benson Samuel]

http://www.bensonsamuel.com/?p=114

Hope that answers a few questions and provides links for deeper study.

[Amitabh S]

can you repost the link. It is down now.

[NilamDoc]

A well written article. I agree to Benson.

I also posted:

"I agree with the views and the replies. India is an open market. Bitcoins will not be addressed by the Government till it reaches more than some million users in India. No government officials understood what Internet was when I started it up in 1990. I made a payment for a domain name and was asked by banks and RBI, was I making a payment to Interpol (Internet).

It took them many years to understand this. Today Facebook, twitter are marketed by mobile manufacturers, I see the future when these devices will come with a balance of bitcoins. If you buy a mobile worth Rs. 5000 you will get a talk time with Rs. 5000 worth of bitcoins.

If you trust some thing, trust it 100%."