In India, Bitcoin enthusiasts now number 1 million. But once people realise it’s the computers doing all the work, they stop being intimidated.” He signed on in December with his first bitcoin, then worth Rs 22,000. “I’ve never sold; I think the price will rise higher.”Read: Banks, tech companies move on from Bitcoin to blockchainThe Early AdopterFor Delhi entrepreneur Mohit Kalra, bitcoin is the curious gamble that’s starting to pay off. Nawariya, a 22-year-old computer science graduate, discovered Bitcoin a year ago, watching friends shop from international sites without paying bank fees. He now trades full-time, going through about 3 bitcoins (Rs 1.16 lakh) every day.

Source: Hindustan Times September 17, 2016 18:33 UTC