[2014-11-21] India to Overcome United States as Second-Largest Internet Market

India to Overcome United States as Second-Largest Internet Market by December

https://www.cryptocoinsnews.com/india-overcome-united-states-second-largest-internet-market-december/

According to a report by the Internet and Mobile Association of India (IAMAI) along with IMRB International, the two organizations forecast that Internet users in India are expected to reach 302 million by the end of the year. The forecast is a 32 percent increase from the 213 million Indian Internet users at the end of 2013.

Further projections in the IAMAI-IMRB report forecasted India to reach 354 million internet users by June 2015, a critical progression necessary for bitcoin and other digital currencies to become a viable means of payment in the country.

I personally think directly connecting the number of internet users to bitcoin adoption is stretching it a bit too far.