In the past year or two India has shown a tremendous increase in the cryptocurrency especially bitcoin. Recently according to a bitcoin analyst, India ranked 10th in the overall bitcoin market. As the demonitisation gave virtual payment solutions like Paytm a boom, bitcoin also saw a surge during the period.
Today many of us will be able to do payments online in bitcoin and pay for recharges, movies, etc. at certian exchanges like Zebpay, Unocoin, etc. But bitcoin as a method of payment in offline mode is something new in India and is catching the eye. However this may not be as popular as the gaint Paytm but it is starting to deepen its roots and grow its shoots.
Now, How about you pay for your lunch or dinner, or a simple snack in bitcoin. This is the feat that has been achieved by two Indian restaurants, Suryawanshi restaurants in Bengaluru’s Indiranagar and Whitefield neighbourhoods, that serve mostly typical Indian food. Now you can have a vadapav for your bitcoin. You can have a lunch for the earnings from a post here (converted to bitcoin). Now that is what i call "The new cool". They do accept the traditional payment methods alongside like the usual cash, cards, and Paytm.
INFO:
Pizzeria was the first offline establishment to transact in bitcoin in Mumbai. They started accepting bitcoin in 2013.
With the bitcoin getting a legal status in India, this trend is only going to rise.
This post has been updated on demand of ,
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