Kirit Somaiya, an Indian politician of the Bharatiya Janata Party, recently described Bitcoin as a Ponzi scheme and claimed that self-regulation is not permitted. However, the Indian government seemed to disagree with Somaiya’s...
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Meet the Indians who bet on the hottest virtual currency
Rahul first heard of the virtual currency called bitcoin four years ago while playing multi-player online games. “There was an option to buy lives and resurrect your character so I traded my bitcoin stash,” says...
Bitcoin is Now Larger Than Some Fiat Currencies in Europe & Americas in Market Cap
The user base and market cap of bitcoin are larger than most fiat currencies of small countries in Central America, Africa and Europe. The next step for bitcoin is to surpass the market cap of reserve currencies, to establish...
