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Im not normally Mr Fiat is a Ponzi Scheme but... Central banks are no more licensed than your local ICO. Some are better than others. Given the issues India

Im not normally Mr Fiat is a Ponzi Scheme but... Central banks are no more licensed than your local ICO. Some are better than others. Given the issues India has had with its currency, they might not want to throw stones...

nindalf 5y ago
> Issues india has had with its currency Pray, enlighten us.
- deleted 5y ago
  [deleted]
- user_7832 5y ago
  I wonder if they're referring to demonetisation? https://en.wikipedia.org/wiki/2016_Indian_banknote_demonetisation https://en.wikipedia.org/wiki/2016_Indian_banknote_demonetis...
  - nindalf 5y ago
    I hope not. That would be pretty idiotic, if they did.
ngc248 5y ago
People in the west may have no idea about India's institutions and the progress they have achieved. RBI (banking), TRAI (telecom) etc regulators have been amazing. For ex: UPI (https://en.wikipedia.org/wiki/Unified_Payments_Interface https://en.wikipedia.org/wiki/Unified_Payments_Interface) etc