Sunday, September 17, 2017

India to upgrade currency technology

While working on creating a legal framework for bitcoin and other digital currencies, the Indian government is now considering launching its own bitcoin-like cryptocurrency. The proposed government cryptocurrency is to be issued by the Reserve Bank of India (RBI).
Let us not freak.

This is the crypto version of the fiat standard, and good for them they recognize sandbox.  This part is a simple technology change, think of the next upgrade in credit card technology. 

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