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The only way Indians will understand the value of Bitcoin when fiat Inflation goes out of control here.

There are two other things which are interfering with the Bitcoin appeal to the masses here:

  1. Gold
  2. UPI system.

Nothing wrong with gold as long as you have a good market for buying and selling.

Bitcoin has arguably failed to develop sufficient utility as a MoE to realy compete.

Most BTC users are seeking speculative gain, not MoE neutrality.

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