Every week a butter visits r/india telling the bovine creatures that populate it, why they are missing out on buttcoins.

This week's butter acknowledges that state of affairs of butts in India.

And Im not talking about middle men like "Zebpay" and "Unocoin" - Bitcoin was invented to cut these middlemen out of the chain, yet these are the ones who are profiting selling BTC to Indians at a 25% markup price and taking a hefty commission.

And then goes on to mislead people saying-

Many businesses are already hedging their funds vs BTC or investing part of their profits into BTC and the growth of 2500% since 2015 will only make more companies turn to BTC.

When questioned about transaction time

Fake information. Set the transaction fee correctly and it gets confirmed in 10 minutes. Thats a fraction of the time a bank transfer from US to India takes.

The threat of butts

IMF wants the richest 1% to remain rich, the rest on the world to be poor and unfortunately you like 95% of the populace are buying into it blindly. IMF/World bank etc acknowledge BTC's threat to standard banking models that exist primarily thanks to people's fear of storing their own money. Bitcoin removes this fear, has caused massive change in the way banks function worldwide; Yet Indians are still happy to pay SBI a freaking ATM Withdrawal - absolute joke.

The Japanese

Majority of Japan's population are fast switching over to Bitcoin instead of putting money into Japan's banking system which offers interest rate at 4%... guess what is India's bank interest rate? 4%, but you will blindly trust banks and wait for another Modi to wipe out more of your freedom by demonetization.

And there's quite of bit of delusional thinking

If the bubble bursts and I am sure it will, it will weed out the weak hands and leave the market stronger than ever. BTC is $2500 today, how much can it burst, even if it goes all the way down to $500 it will rise up again, like all strong technologies do.

I hope you guys enjoy things like this.