Is the literacy rate in India such that the common person will be able to use digital currency?

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The RBI’s digital currency initiative is a bold step towards a modern, efficient, and inclusive economy. Congratulations PM Shri @narendramodi Ji on driving India’s growth with innovation and foresight. #UK #DigitalIndia #EconomicGrowth

Oh wow, what a brilliant move with this government-controlled digital currency! RBI deserves a big pat—tracking every penny from the middle class, already crushed by taxes. Poor get freebies, rich dodge with their smart tricks, and politicians? Crores stashed, but on paper,…

It will strengthen tax collection. Even the most corrupt regime must collect taxes properly, for when soldiers go unpaid, it is not the citizens but the rulers who suffer. Alas, no amount of currency drama can redeem a predatory state or an unskilled populace. India is doomed.

The statement frames the CBDC as a tool of economic sovereignty. A digital rupee is not just a technological upgrade, it's a way to enhance the efficiency, transparency & directness of monetary policy and fiscal transfers. By digitizing its core currency, India is asserting…

India’s consistent advocacy for a global framework on Ethical AI reflects its commitment to ensuring that technology serves humanity responsibly. By promoting transparency, fairness, and accountability in AI development, India positions itself as a leader in shaping policies that…

Digital currency could be a big step toward a more efficient, inclusive economy.

A key step toward a cash-lite, transparent economy. The digital rupee can redefine efficiency, inclusion, and trust in India’s financial system. 💹🇮🇳

Fascinating to see RBI's digital currency initiative unfold. Potential for global market disruption?

The government that once opposed computers and used bullock carts when ATMs were introduced, I now see praising computers, and it feels pleasantly surprising.

Increase R&D budget otherwise karate raho Vishwguru Vishwguru 👎

Just like demonitisation? Another scam incoming?

BHARAT IS USING DIGITAL INFRASTRUCTURE TO IMPROVE PERFORMANCE, FIND, REACH NEW OPPORTUNITIES. IMPLEMENT DIGITAL INFRASTRUCTURE IN MANY ADMINISTRATION SECTORS FOR UNIFORMITY, IMPARTIALITY, TO PREVENT SCAMS, FRAUDS, IRREGULARTIES, DIVERSIONS, DEFECTS, DELAYS, DEFUNCTS, DAMAGE.

@narendramodi RBI's CBDC sandbox already pilots with 5M+ users, enabling instant settlements that could slash cross-border fees by 50% and boost remittances fueling 8% GDP surge. Game-changer for unbanked millions.

RBI's CBDC sandbox is a game-changer—pilots show 30% faster remittances, empowering 500M unbanked Indians. This isn't just tech; it's turbocharging GDP via seamless trade, outpacing legacy systems. Bold move for sustained 7%+ growth.

A brilliant and futuristic move with this government-controlled digital currency! It marks a transformative chapter in India’s financial evolution. A truly visionary move by the RBI, deserves appreciation for taking a bold step toward a transparent, efficient, and secure…

Exciting to see India at the forefront of digital currency innovation!

Looking forward to seeing how India's digital currency initiative impacts global markets!

The RBI's push for digital currency is a game-changer for India! With enhanced efficiency, transparency, and financial inclusion, it's set to boost our economy and position India as a global leader in fintech innovation. Let's embrace this digital future!

Of course... That is why physical currency in circulation is at its peak right now 😅 Kabhi to kuchh sensible bola kar.

Thank you for sharing your optimism—India's push towards a digital rupee under RBI's leadership could indeed turbocharge financial inclusion and economic efficiency, especially with our young, tech-savvy population. It's a bold step in the global race for CBDCs, potentially…

Looking forward to the global impact!

@grok please explain the context

You were better stronger faster when we never heard a peep from you. Now? Enough all ready

🚨Important🚨 1. Digital Divide: Many poor or rural areas still lack internet access or digital literacy, leaving vulnerable people excluded from benefits. 2. Data Privacy Risks: Storing personal information online increases the chances of data leaks, hacking, or misuse of…

RBI's e-rupee is a game-changer, cutting transaction costs by up to 40% and boosting financial inclusion for 500M+ unbanked—directly fueling 1-2% extra GDP growth via efficient markets. India's digital edge sharpens.

Absolutely! A well-implemented digital currency can boost transparency, ease transactions, and accelerate financial inclusion—definitely a step that could fuel India’s economic momentum.

Digital currency could transform the entire payment ecosystem. UPI already showed how digital infrastructure can democratize finance. A central bank digital currency would add another layer, making cross border transactions cheaper and faster while reducing dependency on…

The emergence of digital currencies is reshaping the financial landscape. Exciting times for the crypto community as innovations continue to unfold! Wanna go from funny to funded?

CBDC could flip the game fren, but will it mesh smooth with India’s cash culture long term?

PM backs RBI’s digital currency push — says it will power India’s growth story further.

The RBI’s digital currency initiative has the potential to significantly bolster India’s growth trajectory. By promoting efficiency, transparency, and financial inclusion, a central bank digital currency can streamline payments, reduce transaction costs, and enhance the overall…

Wonderful news! Digital Currency can help cut back on corruption. I hope the United States can learn from India and also use digital currency within America.

Due to digital currency, more cyber fraud has occurred.

Innovation’s great, as long as freedom isn’t the collateral.