Flipkart, India's largest e-commerce firm by gross sales, has stated it is going to be accepting Bitcoin funds in what many suspect is an April Foo
Flipkart, India’s largest e-commerce firm by gross sales, has stated it is going to be accepting Bitcoin funds in what many suspect is an April Fools’ Day prank.
In an announcement on Twitter at present at 11:30 PM India Normal Time, Flipkart stated it might be accepting Bitcoin (BTC) “as a handy mode of fee” for its on-line market. Nevertheless, many customers have refused to simply accept the e-commerce firm’s seemingly pro-crypto stance given the timing — on the time of publication, it’s already April Fools’ Day in India.
The long run is right here. We now settle for Bitcoin as a handy mode of fee. Replace your app now. pic.twitter.com/l3MlY2qwRd
— Flipkart (@Flipkart) March 31, 2021
Headquartered in Bangalore, Flipkart has claimed it had greater than 200 million customers as of July, which means crypto funds on the platform may look bullish for the Indian market. Nevertheless, experiences have been circulating of the Indian authorities introducing a potential ban on personal cryptocurrencies within the nation. Many Flipkart customers seemingly doubted the veracity of the corporate’s claims.
“A large firm like Flipkart wouldn’t take such a threat given the uncertainties within the rules right here,” stated Twitter person Shrikar Parashar.
Many Crypto Twitter customers stated that regardless that they believed the announcement was an April Fools’ Day joke, the message was nonetheless a bullish indicator for the area “good for Bitcoin consciousness.” Others speculated that if Flipkart didn’t maintain up its finish on Bitcoin funds, the alleged joke would possibly drive customers away:
The crypto area is yearly beset with faux information experiences round April 1 that generally go viral earlier than the vast majority of readers discover the effective print revealing they have been jokes. For just a few years, CoinMarketCap has listed Bathroom Paper Token (TPT) because the quantity “0” digital asset in its checklist of cryptocurrencies by market capitalization. Final yr, crypto alternate Bitfinex pranked its greater than 600,000 Twitter followers by claiming it might launch an vitality drink just like Monster.
Cointelegraph reached out to Flipkart for remark, however didn’t obtain a response on the time of publication.