India's Digital Currency to Take 'Very Calibrated, Graduated' Approach, Says RBI Deputy Governor
news.bitcoin.com/indias-digital-currency-to-t...Posted Apr 9, 2022, 4:22 AM UTC
Posted Apr 9, 2022, 4:22 AM UTC
tldr; RBI Deputy Governor T. Rabi Sankar has outlined the implications of India issuing a central bank digital currency, the digital rupee. "I think central banks would go about it in a very calibrated, graduated manner, assessing impact all along the line," he said. The RBI will issue a digital currency this financial year.
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Graduated!
That's definitely something Sharma jee would say!
Here is your diploma, Now go out into the world and invest
Lmao they think theyre so ahead of the curve here.
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30% tax is not enough for the government. So, they are building their own.
I fail to under the parallels between Digital Rupee and Digital Yuan, right up to the way crypto is being “leashed”.
No wonder they were so desperate on taxing the hell out of crypto. They were making their own!
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