‘Bitcoin Gift Vouchers’: a New Craze in India

Bitcoin Gift Vouchers is the new craziness in India, even if the Indian government pushed again about the regulation of cryptocurrencies. Also, the central bank warned the investors about “Ponzi schemes”, which are “considered” cryptocurrencies.

New Delhi (Sputnik): Among all the attempts from the Government to regulate the crypto-exchanges, IT hub Hyderabad  brought an initiative between the small investors.

Bitcoin Gift Vouchers

An announcement from Times to India reports that coffee shops Hyderabad offer gift vouchers that attract more and more people about Bitcoin. The vouchers cost approximately 3$ and they give you the opportunity to enter in the crypto world with a micro-investment. The report shows that the users of these vouchers feel very safe with the investment and more and more Indians buy these vouchers t share them with the friends or their family.

“I have heard from a few friends about bitcoin and how they have gained a lot. Although they have invested huge amounts, this is only a small sum. Once I learn a little more, I can trade in a big way,” declares Times of India about a buyer.

 

A blockchain expert says people’s interest in cryptocurrency will never die and right these small initiatives will help people have self-confidence.

“Like globally, the Indian cryptocurrency market has also seen a slump and it seems to be just a passing phase. The investors need awareness and education. This can imply risks, but they are safe and transparent modes of investment with very good returns. We are hopeful that small, grass root initiatives can create awareness among the investors. This is the only way of winning back the customers’ confidence,” Vishal Nigam, Chairman of Indian Blockchain Council, told Sputnik.

Hyderabad — India’s fourth most populous city- has become an industrial and financial hub over the past several decades. It is now one of the largest contributors to the country’s GDP. An estimated 400,000 people work for the tech companies operating in Hyderabad.