You are viewing a single comment's thread from:

RE: State Backed Centralised Digital Currency Is Not What India Needs Right Now!

in #india6 years ago

Anyhow RBI have to adopt cryptocurrency because there are lots of disadvantages with Fiat currency. One of the biggest drawback is manufacturing cost.

Indian government spending more than one rupee to manufacture RS. 1 coin. It also revels in media that some people collecting coins and melt it to make machine part. It is even cheaper than to buy raw material.

Coin Marketplace

STEEM 0.25
TRX 0.20
JST 0.037
BTC 96006.08
ETH 3568.65
USDT 1.00
SBD 3.77