The Risks and Rewards of Going Cashless: Lessons from India's Demonetization
TL;DR Summary
India's recent move towards a cashless society brings back memories of its disastrous experiment to invalidate most of its currency in 2016. The country's readiness for a world with less cash is questioned, and the drawbacks of a completely cashless society are examined.
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- A cashless cautionary tale | The Indicator NPR's Planet Money
- Going Cashless: A path towards sustainable growth The Daily Star
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