CBDC - Can RBI make a big leap into the future with digital currencies?
Capitalmind Podcast
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Can You Only Use These Chips?
We want to encourage people to spend on something. Maybe it is on travel, let us say. So any form of travel that you do gets a certain pom component. We call it leave travel alos lets. I could give leave travel allowance to somebody, saying, here is this money that you can only spend on travel. That means it cannot be spent on anything else other than travel. It hus t be spend on travel - so if you use a voucher and then cancel your ticket, you get nothing back because it was supposed to be used for travel. And then you're to go claimso it's a complicated system, but it can be designed such that a person can use
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