This whole idea of introducing digital fiat currency is so absurd. I think this govt and RBI are living in Quixotic world. They are so oblivious to ground realities. Except for Cities and 1st tier towns how many people actually use apps for payments or mobiles or computers ? And in all that they want to force digital currency down our throats. Yet another instinctive decision making without considering any long term repercussions. Or is it a move, to facilitate big corporates in their plans to enter the crypto world ?!
JioCoin - really ?? They just cannot think of any better name ?!
RE: India Ban on Bitcoin | RBI Provides 3 Months to Everyone | My Views