16 Oct 2019
2 years ago, I was opposed to introduction of Crypto-currency in India
At that time, my main concern was that, with many " unregulated " Bitcoin Miners and Bitcoin Exchanges, there was real danger of undermining govt issued " fiat " currency, indulging into Money Laundering and huge upsurge in BLACK MONEY
Apparently, just to be launched Chinese Crypto-currency, seems to answer all of my doubts , satisfactorily !
May be Shri Nirmala Sitharamanji could lead a delegation of RBI / Banks to the GREAT WALL to understand their modus operandi !
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Will China Reign Supreme ?
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