[joe_the_user]

If bitcoin is illegal, the only reason to engage in a black market transaction to obtain would be if it gave you access to material thing you could not otherwise get - unless there active hyper-inflation going on, no one would want to illegally obtain bitcoin just so they could turn around and buy some good they'd be able to obtain with normal, legal transaction.

[ashwagary]

All it takes is a decent return for savers since the INR is a terrible store of value. The massive gold black market in India is a clue that Bitcoin isnt going anywhere.