As India’s Government Wars Against Cash, Bitcoin is Sought in Exchange

Last year, the Republic of India overnight banned 85 percent of its fiat cash in circulation. As a way to address “black money” presumably used in nefarious dealings, government policy makers demanded certain Indian Rupee (INR) denominations be returned. It’s citizens now have an incentive to begin looking for alternatives to government money. Also read: India’s…

Already a member? Log in here

Bitcoin.com

Bitcoin.com is author of this content, TheBitcoinNews.com is is not responsible for the content of external sites.