Rethinking The Dollar: The e-Rupee Test Pilot Reveals How CBDCs 'Might' Work
The Indian government has announced its first pilot project to use the #eRupee, a digital token that could be used as #legaltender. It would be issued in the same denominations as current paper money and coins. Users will be able to transact with e-R by storing their mobile phones or devices in a #digitalwallet provided by participating banks. The articles mentioned in this news update: 1. Visualized: The State of Central Bank Digital Currencies https://www.visualcapitalist.com/visualized-the-state-of-central-bank-digital-currencies/ 2. Retail e-rupee pilot begins tomorrow: Here's what you can expect from it https://www.business-standard.com/article/finance/retail-e-rupee-pilot-begins-today-here-s-what-you-can-expect-from-it-122113000229_1.html 3. 105 Countries are Exploring CBDCs and 11 Have Already Launched Them https://expose-news.com/2022/11/29/105-countries-are-exploring-cbdcs/ Thanks for watching this RTD Live Talk. Subscribe & click the ? icon to be notified of future video uploads. Join us for the next live on-air, and bring a topic. ✅ The 4Patriots 3-month emergency food kit will help you get your calories up and ensure you never go without food in emergencies. (Buy any product and save 10% off w/ promo code: RTD) https://www.4patriots.com/rtd ✅ BullionMax offers a limited-time promotion to help you get your weight up. While supplies last, buy 5 ounces of silver at a discounted price. http://bullionmax.com/rtd ✅ Staying plugged in with the dollar's demise has never been easier. Connect with RTD to stay in the mix ? https://www.rtd.news DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.
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