The euphoria for Bitcoin is heading for India,
may be due to large pool techie population.
According to Forbes, India could be the next
booming market for Bitcoins.
There is a Global Bitcoin conference this week in
Bangalore to promote digital currency.The wall
Street Journal reported that India ranks in the top 30 Bitcoin using countries.
The regulators and the enforcement agencies in India and
world over,are already worried about this so called virtual currency.China has
moved to ban banks from trading in the virtual currency.It is time even the
government of India and Reserve bank of India act swiftly before it is too late.