According to me, india should have been the first country to embrace digital payment systems and refrain from dependency of so called ex colonially backed fiat currencies. What is india doing foreign trade with? Resources? With the whole world paying peanuts to farmer of white gold for instance, the indian value economy should not be reduced to a third world by historically insignificant events. Its time that the indian government accepts and regulates cryptocurrencies. Libertarian ideologies are more indian than a totalitarian socialist dogma of current governments that is sold to the indian people as democracy. I am not saying that india should overthrow it’s government but embrace a decentralized system specially for it’s underprivileged societies.