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CBDC will eventually kills bank and credit card companies

Deleted member 9785

TF Ace
VIP Lounge
Isn't that good? Curruption and bribery will decrease, more held money by such people will come back in system.

Its a win for the 5% tax payers of the nation
Dude corruption starts at the top via shell companies, ngos and charities :). That will continue only our spending will be totally controlled. Even TCS 20% was on that lines
 

CC-Muncher

TF Ace
VIP Lounge
Dude corruption starts at the top via shell companies, ngos and charities :). That will continue only our spending will be totally controlled. Even TCS 20% was on that lines
Well its at lower levels too. Look at countries like sweden where only 5% of transaction are done in cash, negligible curruption.
Its a small step and positive one
 

Tejo

TF Legend
Central bank digital currencies will eventually finish all other payment systems and credit cards. Govt will have full control over your spending

WEF has aimed at 2030.. Enjoy life till the party lasts
Never ever unless selfishness dies in mind of Indians.

That govt. Officials ever do this, they can't manage their black money too.

Unless e rupee provides rewards, interest.

E-rupess for business transactions only because there has been payment failures from bank end and people demand money for payment failure within the time, banks hates this and complained to rbi.

Rbi says OK "issue money in form of e-bill which is link or qr code", just like a serial number on the notes.

Also tracking of funds will be easy for rbi if anything wrong happens.

Also the government can initiate any funds like scholarship, subsidy under e-rupee to minimize corruption and state govt. looting.
 

Deleted member 9785

TF Ace
VIP Lounge

iNokia

TF Premier
Now I realise why India scored so low in happiness index. We have taken tension of the problems that Irish people may or may not face.
 
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