Bitcoin (virtual currency) coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France | Photo Credit: Benoit TessierIn India where people still aren’t on board with certain kinds of virtual realities and digital entities, there is a restaurant that accepts bitcoins as a mode of payment. Bitcoin is a form of digital asset and a decentralized currency. Its unrealized potential explains why the idea has fallen into disfavour in most economies in the world. Kailash Suryawanshi moved to Bengaluru from Maharashtra over a decade ago and stepped into the industry with a used car rental business. “Over the last seven months, the value of the bitcoin industry has been expanded by over 80 billion.

Source: The Hindu July 26, 2017 12:33 UTC