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Author Topic: A perfect utilization of cryptocurrency technology  (Read 29 times)
pakhitheboss
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October 26, 2021, 01:32:38 AM
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Bitcoin was created as an alternative payment system that would operate free of central control but otherwise be used just like traditional currencies. Shortly other cryptocurrencies followed with a much better and faster payment network. We generally read and hear how people are utilizing this feature for international payments. A lot of Indian expats now have started using cryptocurrencies to remit money to India. This is not only helping them with a cheap transaction fee but also their families are now getting access to the money immediately. Read this below article and do share your views.

http://economictimes.indiatimes.com/nri/invest/many-indian-expats-turn-to-crypto-to-remit-money/articleshow/87247432.cms

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Bitcoin Smith
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October 29, 2021, 12:30:22 PM
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This has good and bad side to be honest, as long as people are paying the taxes this will work but we never know how people are using this loophole to evade taxes that is why Central bank is still trying to restrict the cryptocurrency conversions on exchanges.

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