4min chapter

The "What is Money?" Show cover image

WiM027 - The Story of Bitcoin in India with Sunny Ray

The "What is Money?" Show

CHAPTER

The 500 Rupee Bank File

i like that you brought up the thousands of people you sat down to speak with all seemed to be leading these lives of quiet desperation. There'se just so many lairs of managing, just trying to do anything you can to out perform inflation and shelter yourself from taxation. The 500 rupee a bank note has this liability associated with it that just got turned on overnight. And i wonder if, you know, are people going to wake up to that? If you just look at the piece of paper, ok, it's a piece of paper with a guy's face on it. How much work and energy was really necessary to create this small token of trade?

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