India started the micro banking system and that system can be more efficient and helpful to the poor if cryptocurrency can implemented in it. India makes cheap tablets like Akash , which I think is like $12 that can run android apps. So there is lot of potential to grow. The only thing I am worried about is the corrupted politicians in India.
Yeahhhh....corrupted politicians don't like payment systems that facilitate end runs around their 'contribution funds'. Look at what the Indian legislature did to gold imports a couple of years back. Of course, those import restrictions were solely to shore up India's balance of payments.