Rupee Out, Bitcoin In: How India Could Become New China (The Cryptoverse #143)

On today’s episode of The Cryptoverse:
Indian interest in Bitcoin has skyrocketed following sudden rupee reforms, revealing serious potential to challenge major markets including China.

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  1. As I understand the currency reform, it's designed as a way to collect tax. The scheme seems to be the government ban these large bank notes shocking people to get to the bank .Once the person deposits a certain amount,The tax scheme comes in where if you bring in a certain amount of rupees, you then have to prove that it was taxed income.

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