Growing use of Bitcoins in India indicates losing faith on fiat currency

in #bitcoin7 years ago

A growing number of citizens living in economically and politically troubled countries are turning to Bitcoin and other digital curries.

Citizens of India may have lost faith in their local currencies due to demonetisation and seek refuge in the digital currencies such as Bitcoin, Ethers and others, as their local currencies gradually decrease in valueIMG_1284.JPG

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Paper fiat currencies back by NOTHING other then the proof of violence algorithm of states are going the way of the horse and carriage.

@rhader may be thats right

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