But the last few weeks have seen developments that suggest Bitcoins were never off the grid. But first, what are bitcoins? (See Box) The ‘cryptocurrency’ is merely a complex block of computer code. Transactions happen through exchanges where users have to register with KYC (Know Your Customer) details and PAN card numbers. Bitcoins are plain virtual currency, currently unregulated by any central bank and only kept secure by thousands of programmers who themselves work for Bitcoins.
LMFAO... there seems to be an umpteen scarcity of cryptocurrency journalists in India.