Bitcoin Adoption Could Save India $7 Billion

[bitcoinisfurture]

India is the world’s largest receiver of remittances. Besides making it faster and easier, Bitcoin could help India save up to $7 billion in fees paid to international remittance companies and add this amount to the country's wealth.

ZebPay Co-founder and COO, Sandeep Goenka says, “India is the world's biggest remittance market at more than $70 billion.”


http://cointelegraph.com/news/bitcoin-adoption-could-save-india-7-billion

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[aizzaku]

India is the world’s largest receiver of remittances. Besides making it faster and easier, Bitcoin could help India save up to $7 billion in fees paid to international remittance companies and add this amount to the country's wealth.

ZebPay Co-founder and COO, Sandeep Goenka says, “India is the world's biggest remittance market at more than $70 billion.”


http://cointelegraph.com/news/bitcoin-adoption-could-save-india-7-billion

The stats are quite impressive but for this their should be national level adaptation of bitcoins and the govt. need to support it. correct if i am wrong

[bitcoinisfurture]

India is the world’s largest receiver of remittances. Besides making it faster and easier, Bitcoin could help India save up to $7 billion in fees paid to international remittance companies and add this amount to the country's wealth.

ZebPay Co-founder and COO, Sandeep Goenka says, “India is the world's biggest remittance market at more than $70 billion.”


http://cointelegraph.com/news/bitcoin-adoption-could-save-india-7-billion

The stats are quite impressive but for this their should be national level adaptation of bitcoins and the govt. need to support it. correct if i am wrong

Thats absolutely right, government and its policy will play a major role to boost bitcoin and its mass adoption. But also on other hand major exchanges in India are playing a significant role to explain  the roles of bitcoin could play in Indian economy and trying their best to reach masses .

[aizzaku]

India is the world’s largest receiver of remittances. Besides making it faster and easier, Bitcoin could help India save up to $7 billion in fees paid to international remittance companies and add this amount to the country's wealth.

ZebPay Co-founder and COO, Sandeep Goenka says, “India is the world's biggest remittance market at more than $70 billion.”


http://cointelegraph.com/news/bitcoin-adoption-could-save-india-7-billion

The stats are quite impressive but for this their should be national level adaptation of bitcoins and the govt. need to support it. correct if i am wrong

Thats absolutely right, government and its policy will play a major role to boost bitcoin and its mass adoption. But also on other hand major exchanges in India are playing a significant role to explain  the roles of bitcoin could play in Indian economy and trying their best to reach masses .

Well people like us who are already into bitcoin would be really glad if this happens. idk about others but if u ask me i am ready to teach people about the system if the time comes.. i have already done this with a few.

[btvGainer]

India is the world’s largest receiver of remittances. Besides making it faster and easier, Bitcoin could help India save up to $7 billion in fees paid to international remittance companies and add this amount to the country's wealth.

ZebPay Co-founder and COO, Sandeep Goenka says, “India is the world's biggest remittance market at more than $70 billion.”


http://cointelegraph.com/news/bitcoin-adoption-could-save-india-7-billion

The stats are quite impressive but for this their should be national level adaptation of bitcoins and the govt. need to support it. correct if i am wrong

Thats absolutely right, government and its policy will play a major role to boost bitcoin and its mass adoption. But also on other hand major exchanges in India are playing a significant role to explain  the roles of bitcoin could play in Indian economy and trying their best to reach masses .

I dont think government will allow bitcoin despite its all benefits.There are big players that wont let this happen

[globalgaurav]

I dont think government will allow bitcoin despite its all benefits.There are big players that wont let this happen

yep, those governments will fall and maybe, rise again, such is the cycle of nature or technology 

[garmerys]

If you have bought with the current price then you are surely gonna earn some profits in next couple of months even in india