While cryptocurrency leads the dark web space, a currency is one of the primary reasons behind all the illegal and sinister things that happen in the society, even when it is just a legal tender of getting things done.
Speaking at a NASSCOM Conclave, Bengaluru, Rohas Nagpal, Cofounder of Primechain Technologies, a blockchain startup explained, “Currency itself is not a resource. Read the INR 2,000 note, it doesn’t say anything but, ‘I promise to pay the bearer the sum of two thousand rupees,” followed by the signature of the RBI Governor General.”
If you could recall, “Soon after the demonetisation, as PM Modi announced that the 500 and 1000 rupee-notes’ won’t be a legal tender anymore, the notes became nothing but a piece of paper,” he added.
Why is there so much fuss about currency?
After all, the fact of the matter is, currencies are just another way to get what you want. However, the underlying power is the perceived ‘timeless’ value that most of the conventional currencies offer. This creates a desire amongst the people to want to store more and more currency values. And, the sinister mishaps start from there.
Besides, a few still believing in the #HODLGANG, most of the people are uncertain about the Bitcoin value in the long term.