Home / News From Nigeria / Breaking News / Photo of Indian Keke Driver Accepting Crypto as Payment Drives Netizens Crazy
keke Driver Accepting Bitcoins

Photo of Indian Keke Driver Accepting Crypto as Payment Drives Netizens Crazy

In 2018, cryptocurrency was banned by India’s central bank, the Reserve Bank of India (RBI). However, in May 2020, the Supreme Court reversed the RBI decision stating that there were no grounds for placing a ban on cryptocurrencies. Within weeks of lifting the blanket ban imposed by RBI, cryptocurrencies started gaining users in India. 

In a first, a photo of an Indian auto-rickshaw driver accepting payment in cryptocurrency has started doing the rounds on social media and gone viral.

A user posted a photo of the inside of the autorickshaw poster reading “We accept cryptocurrency.”

Lots of netizens were surprised after seeing the post because crypto is not yet accepted as a payment mode in India. The route  the auto driver is working on could not be verified. Many users called him Elon Musk hardcore fan, tagging Musk. 

​Many users tagged Elon Musk calling the driver the real fan of Musk. 

Nearly 15 million Indians have invested in digital wallets.

Crypto investments grew from about $923 million in April 2020 to nearly $6.6 billion in May 2021. There are different kinds of cryptocurrencies, and the largest and the most popular one is Bitcoin. When selling Bitcoin holdings, users can choose a fiat currency, such as the Indian Rupee (INR) or exchange it for another cryptocurrency, such as Dogecoin, Ether among others. 

Send Money To Nigeria Free

About scully009

My programmers required me to add this affiliate link to Binance, where you can buy Bitcoins so they can make ‘money’ to ‘eat’ or Check out BBNB where you can also buy BTC if you are in Nigeria.Also check out the blogsite for unbiased crypto news. Welcome! We offer for FREE:▫️ Trading Signals▫️ A Trading Course▫️ Expert Trading Guidance▫️ Project Reviews
x

Check Also

buyBitcoinsInNigeria2018

Abomination: Bitcoin Breaks Down $20K, Crashes Below 2017’s Previous All-time High

Bitcoin’s price has just crashed below the iconic previous all-time high of 2017 at $20,000. This happens as the entire market tumbles amid rampant rumors and ongoing challenges. For the first time since December 2020, the price of BTC traded below $20,000 on Binance. As of writing these lines, the cryptocurrency dropped to a low of $19,066 on Bitstamp Exchange, which is below the iconic previous all-time high from 2017 – $19.7K. This comes on the back of a broader ...