Case Study: Demonetization and the rise and rise of Bitcoins in India

Kiran Vaidya
Nov 28, 2016 · 10 min read
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A hypothetical announcement by the PM of Canada

Demonetization Reason and implementation

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Media coverage added to the chaos. Indian Express changed their headline thrice

Reaction of Media and citizens

Demonetization passes the litmus test

New business models

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Google trends for the term ‘buy bitcoin in India’ reached max volume in last 12 months for Location : India

Why Bitcoin?

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Price of 1 BTC rose from 50,000 INR to 69,000 INR (almost 40%) in 3 weeks

Why India and Bitcoin are a marriage made in heaven

Regulations of Bitcoin in India

Bitcoin future in India

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Show your ♥, recommend this post and tip to my ETH address of 0x00046f083fb1348c90d524dd04b522f59fe0895e (and let me know so I can thank you :) )

All Things Ledger

Guide to Bitcoin, Blockchain, Distributed Ledgers, and…

Kiran Vaidya

Written by

Blockchain Consultant & Educator ¦ Completed RTW spanning 6 continents,35 countries on Indian passport with wifey ¦ Netflix serial killer

All Things Ledger

Guide to Bitcoin, Blockchain, Distributed Ledgers, and everything related to crypto-tech

Kiran Vaidya

Written by

Blockchain Consultant & Educator ¦ Completed RTW spanning 6 continents,35 countries on Indian passport with wifey ¦ Netflix serial killer

All Things Ledger

Guide to Bitcoin, Blockchain, Distributed Ledgers, and everything related to crypto-tech

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