You are viewing a single comment's thread from:

RE: CBDC (Central Bank Digital Currencies) adoption is now slow in India

in LeoFinance6 months ago

however there is no incentivization and also there is no chance to make money

if we can use rupee in digital form, through UPI and other apps, then why would one need CBDC ? They need to create a good use case, where benefits can be more than using digital rupee, otherwise, who wants use just for the sake of helping the banks !!

Sort:  

absolutely. the use case they offer is already available through many apps like Paytm and phonepe etc and there is no reason why we should use CBDC. They surely need to bring better use case to expect adoption.