Is India ready for cryptocurrency?

in #cryptocurrency7 years ago

Is India ready for cryptocurrency?
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Aspects: With such a phenominal growth of bitcoin in recent past and its acceptance everywhere the world by people.
it appears like bitcoin is nice to travel in Asian nation as a positive success.but there square measure several aspects that need to be unbroken in mind.
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Online security
India is managing major issues in on-line security. And providing secure networks for mercantilism and keeping bitcoin wallets are a good deal in Asian nation. Government should take major steps to enhance on-line security.

Internet availableness
with the recent success of Reliance Jio network providing free net to all or any has taken Asian nation among world largest customers of net and major section has been on-line currently. however it's solely until the time services square measure free at that time it'll be a good deal as most of the customers aren't happy to purchase net. perhaps finding the way to earn cash on-line like Steemit community encourage a lot of and a lot of individuals of various age teams to remain on-line. For that awareness associated with scope of earning and trust building could be a major challange in Asian nation.

India includes a poor accomplishment rate and therefore it's extremely troublesome for the poor and therefore the class simply settle for the future(Cryptocurrency). accomplishment is that the solely means of spreading awareness associated with this new currency and even a platform like steemit is enjoying a significant role in spreading awareness, and giving an opportunity to earn this currency.
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Government
government of Asian nation or the other government can ne'er need that each one the management of cash market is gone from its hands. As they suppose it will result in instability in associate immature country like Asian nation. because it is troublesome to trace cryptocurrency thus it's a significant threat to any government and that is why bitcoins square measure presently prohibited in Asian nation. though there ninetieth positive aspects of cryptocurrency and Steemit could be a major platform to earn.

It may be all over that the longer term is bright and with correct precautions each steemit and cryptocurrency can lead Asian nation towards turning into a developed economy.
The government must take this space as a positve road to success of its individuals and overall society ina unified means.

Also i might prefer to promote this platfom in Asian nation if any of the core Pine Tree Statembers {would like|would extremely like|would love} to supply me employment here i will really appreciate that as i want one.

thank you for stopping by and reading this.
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