[2014-07-21] Third largest Private Sector Bank of India is tweeting Bitcoin

[LiteCoinGuy]

Third largest Private Sector Bank of India is tweeting Bitcoin

https://twitter.com/AxisBank/status/491097693171638273

http://en.wikipedia.org/wiki/Axis_Bank


i wonder why   ?



LiteCoinGuy





(from: https://bitcointalk.org/index.php?topic=703230.0)

[Baitty]

Wow that's a suprise that means they are Bitcoin friendly which is very unusual for a bank. Pitty it's a bank only for India though.

[ThomasCrowne]

Whole heap of IT savvy individuals in India.  Between these fellas and the Asiatic countries I suspect huge bitcoin price surge during 2014/2015 timeframe!

[bryant.coleman]

Axis bank is the most innovative private bank in India (although they are no.3 in terms of turnover, behind ICICI and HDFC). They are always looking for new and innovative ideas. May be sometime later this year they might announce the integration of BTC? 

[Kprawn]

Do not underestimate India people.

See this ---> http://www.visualcapitalist.com/india-the-growing-ecommerce-giant/ They are one of the biggest potential markets for any crypto currency at the moment in my opinion.

It's not 1st world companies that needs this technology the most. Once India joins this venture, you would see innovation as you never seen this before.

Their regulation would be a bit tough tho... 

[bryant.coleman]

Do not underestimate India people.

No one is underestimating them. But the red tape will make dealing with Bitcoins impossible to do. There is a lot of harassment from the tax authorities as well. A number of businesses were raided earlier this year.

[howardb]

The tweet got taken down! broken link. Guess someone got a call from their boss saying WTF?

[LiteCoinGuy]

The tweet got taken down! broken link. Guess someone got a call from their boss saying WTF?

they like to tease us 

[bryant.coleman]

The tweet got taken down! broken link. Guess someone got a call from their boss saying WTF?

Either the news item about BTC was posted by someone who hacked in to their twitter account.... or it was taken down after Raghuram Rajan (Governor of the Reserve Bank of India) bullied them.