05 Nov 2019
Although I still have some misgivings re Crypto-Currency, I have an open mind on this subject, especially after learning about the Chinese plan to replace its paper currency ( Yuan ) with a Digital Currency
I urge our Policy Makers - and RBI - to examine this issue with a similar " Open Mind " . May be even start a debate at National Level
If introduction of a Digital Currency ( as envisaged by the Chinese ) , can eliminate over a period of 2 years, the menace of corruption and Black Money , it might prove to be a better answer than introduction of Black Money Amnesty Scheme, such as proposed ELEPHANT BONDS
I request Economists to start this debate
MYBLOGEPAGE.BLOGSPOT.COM
Elephant Bonds vs Dragon Bonds
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