OpenRuby.com

08 Feb '13, 8pm

Revisiting - The Legality of #Bitcoin in #India via @bensonsamuel @indiabitcoin

As Bitcoin is open source and unregulated, it is free game for everyone. It has been a tremendous investment in 2012 and surges forward in 2013 as well. Any government that decides to regulate, control or outlaw Bitcoin only faces the problem of creating more value in Bitcoin due to its uniqueness. Bitcoin is nothing more than a unique and secure way of sending a string of numbers from one person to another. Due to tremendous merchant adoption as a token of value, Bitcoin races the charts at all the global exchanges every single day. The Bitcoin network is the strongest combined computational force in existence. Strengthened by millions of users, this network cannot be hacked into or have any of its parameters changed.

Full article: http://bensonsamuel.com/2013/02/09/revisiting-the-legalit...

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