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RE: Bitcoin Expands In India - Another News Story That Shows Why Bitcoin Is Heading To $2,000
India is a huge cointry with very fast adoption to technology. With the removal of the 500R & 1000R I believe many people became aware of the need for alternatives to store and transfer value. I have worked with many very high skilled SAP developers from India in Germany and was shocked how much money they lose by sending the hard earned Euros back to their families through Western Union. They take enormous exchange & transaction fees :(
Absolutely true
just saw my typo: cointry *country. I wanted to edit it but coin-try is maybe also suitable as it is a big coin experiment if a large population of India would start to use coins instead of rupee ;)
Thats really witty to make such puns :)
;)
What i have seen, people in India mostly treat cryptos as an asset. But I'm sure we can use it as a currency after a POS is installed.