The author, an Indian Bitcoin user, acknowledges the convenience and efficiency of UPI digital payments in India. While the author recognizes the advantages of Bitcoin in terms of censorship resistance and privacy, they highlight the ease of use and widespread acceptance of UPI. The author believes that most Indians will not adopt Bitcoin for daily transactions unless there is a strong incentive to do so, as UPI has gained significant momentum and network effect. However, they speculate that factors such as privacy concerns or currency devaluation could potentially shift Indians towards Bitcoin payments in the future.
- Content Editor ( bitcoinmagazine.com )
- 2024-10-03
VIVEK: Bitcoin Lightning Payments Has a Long Way To Go In India