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After the monetary reform has started, interest in CWT in India increased

The regular conference of regional leaders of the international social movement Change the World Together (CWT) took place

On Thursday, November 24, in Surat (city in the Guzhdarat state in western India), the regular conference of regional leaders of the international social movement Change the World Together (CWT) took place. This time more than a hundred activists came to meet leading specialists of cryptocurrency in India. In nearest future we are planning to hold several conferences, which will be attended by hundreds of supporters of CWT.

The chairman of CWT Aleksey Muratov explained, that such an interest in cryptocurrency in India appeared due to the fact that in the beginning of November the monetary reform was carried out by the Indian government. "Prime Minister Narendra Modi and his cabinet have taken radical measures to combat corruption, distract the shadow economy and legalize entire receipts and expenditures in the country. In just three days all banknotes in denominations of Rs 500 and Rs 1,000, were withdrawn from circulation and most of the financial transactions has been transferred to the digital format, "- Muratov said.

He also noted that according to the monetary reform in India, the main payment method across the country should be recognized as non-cash, and the cash will be in circulation for only small retail payments. "That is why the interest to cryptocurrency in this country is twice higher than in other countries now. The most popular cryptocurrency here - is bitcoin, but also newcomers are hitting stride, "- said Aleksey Muratov.

According to CWT Chairman of the Board, the interest in conferences and workshops, which are held by international social movement Change the World Together in India is huge now. "After the conference, people, interested in cryptocurrency and blockchain technology gather in clubs and start to study this issue more specifically. Together they understand and discuss the pros and cons of existing projects in the blockchain field and cryptocurrency", - he said.

Aleksey Muratov stressed once again that currently the interest of common people, as well as of heads of state, to the movement Change the World Together is increasing worldwide. "Our movement unites people from different countries for one purpose - to change the world. We offer an alternative instead of the global financial and economic system. Everyone in this world deserves a better life. We are ready to make the world a better place. Together we will achieve this goal, "- said Aleksey Muratov.

Source: CWT News

  • November 27, 2016 8:10 PM MSK