Bitcoin in India: Drivers and Barriers to Adoption(thegenesisblock.com)
thegenesisblock.com
Bitcoin in India: Drivers and Barriers to Adoption
http://thegenesisblock.com/bitcoin-in-india-drivers-and-barriers-to-adoption/
4 comments
I don't think the gov of India will ever understand the fundamental idea or the potential of Bitcoin. PayPal had issues with the regulatory bodies until very recently. Considering the red tape an average Indian has to face to open a bank account and the sheer number of ID cards issues by the gov (PAN, Aadhaar, UID etc), the financial regulatory system is a huge cluster#$@*, which I don't see changing anytime soon. Bottom line, I will be very surprised if some high court in India or the Financial ministry doesn't make it illegal in the next few years.
One thing you can do is buy Okpay locally in India and then use that to buy/sell bit coins on BTC-e exchange.
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As an Indian, I feel offended by the first illustration. Taj Mahal is our national pride and photoshopping a bitcoin on top of Taj Mahal is the most insensitive thing the author could have done.
Oh please. Don't even get me started on the abuse of labeling things 'offensive' and 'insensitive'. Also, please don't say 'Taj Mahal' is 'our' national pride. It is just a historical monument, which doesn't represent anything related to modern India.
-1. As an Indian, I feel offended by your (implicit) expectation that others should censor themselves because of your arbitrary ideas about what's insensitive and/or offensive.
I am Indian too. I am offended that you are offended by something so trivial. Please get offended by the masses of hungry children or by the massive robbery that is being committed in daylight.
I'm an Indian. I don't give a crap about photoshop. What you should really feel offended by is the actual harms being done to the monument.