Indian Couple asked to be Gifted in Bitcoin at their Wedding
December 23, 2017 12:48 pm
An Indian couple requested their friends and family to gift them bitcoin at their wedding at the beginning of this month. Prashant Sharma and Niti Shree, are the founders of a startup in the technology industry and has high hopes for the future of the bitcoin and the distributed ledger technology.
On their wedding in Bangalore, they asked for Bitcoin
Prashant Sharma and Niti Shree considered their decision request bitcoin as a wedding gift with the media BBC News.
Mr. Sharma Said:
“We thought of merging technology with gifting for the future. We explained it our parents and they were very receptive.”
The wedding took place on the 9th of December, after some days, when Reserve Bank of India issued its most recent warning to the prospective investors against the risks mixed up with the cryptocurrencies. They had almost 200 friends and family members attending the wedding, only 15 of them gifted the couple “traditional” items.
Mr. Sharma told they will sell the bitcoins to Fund Education Initiatives Targeting Underprivileged Children
The couple decided that they were gifted approximately 100,000 INR (approximately $1,560 USD) worth of bitcoin in total. One of the relatives who had gifted bitcoin said that “The concept is good,” including his opinion that its acceptance will become widespread since “many governments may not like it now.”
Another guest described:
“Prashant and Niti did not decide on bitcoin as a gift in the last couple of weeks. It was planned a couple of months ago.”
Mr. Sharma said that he and his wife have interest in the performance of the bitcoin for the longer term.
“If you buy something to sell it later you are creating a bubble. We bought bitcoin because we wanted to see how this technology moves forward, If you buy something to sell it later you are creating a bubble. We bought bitcoin because we wanted to see how this technology moves forward.” He also expressed his expectation that the distributed ledger technology industry.