Flipkart, India’s greatest e-commerce corporate by way of gross sales, has mentioned it is going to be accepting Bitcoin bills in what many suspect is an April Fools’ Day prank.
In an announcement on Twitter nowadays at 11:30 pm India Standard Time, Flipkart said it could be accepting Bitcoin (BTC) “as a convenient mode of payment” for its on-line market. However, many users have refused to just accept the e-commerce corporate’s reputedly pro-crypto stance given the timing — on the time of newsletter, it is already April Fools’ Day in India.
The long run is right here. We now settle for Bitcoin as a handy mode of cost. Update your app now. pic.twitter.com/l3MlY2qwRd
— Flipkart (@Flipkart) March 31, 2021
Headquartered in Bangalore, Flipkart has claimed to have greater than 200 million users as of July 2020, that means crypto bills at the platform may just glance bullish for the Indian marketplace. However, reviews were circulating of the Indian executive introducing a imaginable ban on personal cryptocurrencies within the nation. Many Flipkart users reputedly doubted the veracity of the corporate’s claims.
“A massive company like Flipkart would not take such a risk given the uncertainties in the regulations here,” said Twitter person Shrikar Parashar.
Many Crypto Twitter users said that although they believed the announcement was once an April Fools’ Day joke, the message was once nonetheless a bullish indicator for the distance and “good for Bitcoin awareness.” Others speculated that if Flipkart didn’t cling up its finish on Bitcoin bills, the alleged joke would possibly power users away:
The crypto house is every year beset with faux information reviews round April 1 that from time to time cross viral ahead of nearly all of readers to find the fantastic print revealing they had been jokes. For a couple of years, CoinMarketCap has indexed Toilet Paper Token (TPT) because the quantity “0” virtual asset in its listing of cryptocurrencies by way of marketplace capitalization. Last yr, crypto alternate Bitfinex pranked its greater than 600,000 Twitter fans by way of claiming it could free up an power drink very similar to Monster.
Cointelegraph reached out to Flipkart for remark however didn’t obtain a reaction on the time of newsletter.