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RE: India: According To RTI-Reserve Bank Of India Is Totally Clueless On Cryptocurrency!
Sometimes i think monetary polices and regulations are for the general growth and developement of the value sustainability of a countrys currency.Velocity of money matters alot,to avoid inflations and deflations.
Incorporating crytocurrencies require more awareness. Goverment needs to ascertain loopholes, in the economy.
That is why i think they need more education about cryptocoins,to bring equillibrum with the physical cash that is ubiquitos.. In international exchange.
I dream of a world where international trade payments are made with cryptocurrencies.
We just have to be patient.
Monetary policies especially in third world countries keep poor people poor. I don't think we should be patient, I think we need to take action. Cryptos offer a potential to create a more abundant society but the comfort of the rich lies in abundant supply of poor, as governments are always in rich people's pocket we should be careful to have such blind faith in them.