MILLIGRAM TRADING OF GOLD thru mobile phone SMS.

[luckyindia]

Hai BTC fans...Greetings from BANGALORE. Please give me your feed-back, suggestions and ideas to make MILLIGRAM TRADING OF GOLD a practical reality in India.Social life in India revolves around GOLD. We sell BITGOLD and BITSILVER cards to people.we have cards of 50 milligrams of Gold and above.BITSILVER cards are in multiples of half a gram of silver. These cards may be used in thousands of merchant establishments for thousands of products and services. To popularise these BITGOLD & BITSILVER cards, for every purchase of Rs 500, five micrograms( or a commercially profitable weight) is credited to the customers account. when this weight reaches 50 milligram, he gets another BITGOLD card of 50 milligrams weight.  Please use ur talents to trade in mBTC for trading in Gold.You can be a coordinator for this GOLD-EXCHANGE in ur village,town, locality or city.My  mobile  9632940004

[btvGainer]

This sounds great idea.It was a 2 years old thread.I would like to know what happened to this?

[Pk880058]

I think nothing happened like OP his schemes are also dead as i dont think that he is sticking with his idea of business. and he is not so active in this forum so it is a waste of time .

[btvGainer]

I think nothing happened like OP his schemes are also dead as i dont think that he is sticking with his idea of business. and he is not so active in this forum so it is a waste of time .

Is op dead ? you should be careful with your words mate.Anyway I hope someone else pick up this from here and work on it

[aizzaku]

I think OP realised that this system wont be that viable in india.

like how many indians actually use bitcoins or know how this system works..

to begin with, it will take time from explaining technology to mass.. and then introducing this system

[btcdevil]

I think OP realised that this system wont be that viable in india.

like how many indians actually use bitcoins or know how this system works..

to begin with, it will take time from explaining technology to mass.. and then introducing this system

That itself is not the problem , i think the main problem will be with Bitcoin payment using in taxation problem, as still bitcoin is not legal or still their is not clear picture of where bitcoin is in legal system. So when you start a business using bitcoin as payment system then their will be problem from government and law.

[aizzaku]

I think OP realised that this system wont be that viable in india.

like how many indians actually use bitcoins or know how this system works..

to begin with, it will take time from explaining technology to mass.. and then introducing this system

That itself is not the problem , i think the main problem will be with Bitcoin payment using in taxation problem, as still bitcoin is not legal or still their is not clear picture of where bitcoin is in legal system. So when you start a business using bitcoin as payment system then their will be problem from government and law.

Yes even that... it didnt click me first. but now that u said this.. this will be very hard to manage.. unless.. corruption .. if u know what i mean

[ChiPh]

It is true that social life in India revolves around gold, however, the concept of bitcoin has not been fully introduced yet in India. Firstly, it will be very difficult for indians to grasp the working of this system and to keep faith in this system. Secondly, when it comes to gold, Indian people are very charry. Even though idea is very nice, I would suggest to keep this on hold till the bitcoin concept is fully accepted by government and indian population.