Whenever people discuss Bitcoin, a peer-to-peer, decentralized, digital currency, it always ends with a question of what one can buy using Bitcoin and now, a Bangalore-based e-commerce site called MadOverCoins has an answer. It is selling products that are made in India such as biscuits (฿0.0010-฿0.0040, chocolates (฿0.0030), ready to eat food items (฿0.0020-฿0.0040), sweets (฿0.0020-฿0.0040) and even a second hand Royal Enfield (฿3.00) exclusively in return for Bitcoins. The site also sells bottled water (฿0.0010), tender coconut (฿0.0010), packets of toffee (฿0.0020) and pickles apart from other items. The site currently delivers across the globe though it might take about two weeks for the goods to reach you depending on which part of the world you are in. The website was started by Vikram Nikkam, who is part of Unobit Solutions, a group comprising of several other geeks, entrepreneurs and cryptologists that is working on promoting Bitcoin in India. The same group is also trying to help set up Buttercoin's India presence. Natasha Ambrose, who is the spokesperson for the group and Nikkam's wife, said that they got the idea for a Bitcoin-powered e-commerce site when they were traveling around the country after they came back from UK. During the journey, they met a lot of NRIs and foreigners who liked Indian products, so they decided to start selling these items online in return for Bitcoins. Till now only a couple of people have bought items from the site and the purchased items included tender coconut (which was still in a good condition on delivery in UK)…
