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My views on the ban on cryptocurrencies are same as an average HN user although I don't have any. But my views on official digital currency in India could be di
by Abishek_Muthian 6y ago
My views on the ban on cryptocurrencies are same as an average HN user although I don't have any. But my views on official digital currency in India could be different i.e. I would welcome it.
Just because if it enables in the distant future the ability to monitor where every paisa of my tax was spent on down to the lowest level e.g. It was used to buy the tiles for the construction of a public toilet in X village; it's certainly possible with blockchain.
- PointyFluff 6y agoBitcoin is more of a holding; last-mile transactions are better made with different cryptocurrencies, such as Monero. With Doge being great for tossing around on the internet for the more trivial things.
- yinyang_in 6y agoI also feel the same, the digital brings transparency and blockchain can be used to track it entirely how paisa is spent if someone is willing in it. Still have to see how implementation is, we don't have to be pessimistic right awah Tomorrow BJP/CONGRESS can be tracked. Make political finding only by e-currency only for transparency sake. I don't like 1984 like scenarios but also e-currency is welcome step from my side too.