Slowly but surely, the Bitcoin revolution is catching on in India. Cryptocurrency analyst, investors, geeks, and enthusiast all saw Bitcoin’s value rise in the previous week. However, the most significant watcher was the Indian government who was debating about whether or not to legalisethe currency. In the end, the Indian government decided to analyse the value of the coin further. This decision is expected to increase India’s financial inclusion and adoption of cryptocurrencies. Moreover, the government also decided to seek public opinion regarding public’s willingness to embrace cryptocurrencies by using their official forum. It is evident the Indian government, while reserved, is willing to change its mind regarding the value of the Bitcoin market.Most of the Indians that have participated in the state forum have voiced their willingness to see Bitcoin included in the Indian financial system. But they have also expressed several anxieties.
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