Why Bitcoin could thrive in a country like India

Jayanta Dey/Reuters At 1.32 billion, India’s population may have already taken over China’s - making it the most populous country in the world. According to a study by PricewaterhouseCoopers', at least a whopping 233 million Indians still don’t have bank accounts. Although due to demonetization (a government’s move that got rid of 86% currency notes in circulation) and under Prime Minister’s Jan-dhan Yojna (an initiative to open bank accounts for every Indian household), a lot of peopl...