India’s Demonetization: Cash is Not Holy Cow, in Bitcoin Blockchain We Trust

India’s Demonetization: Cash is Not Holy Cow, in Bitcoin Blockchain We Trust

With the Indian Government’s demonetization drive resulting in chaos and a rush for cash, Indians are turning to god to tide over the crisis. Worship places requested to deposit cash received. The characterization of India as a spiritual place by most tourists is not wrong, considering that it is the birthplace of multiple religions including Hinduism, Buddhism and Sikhism. Religious institutions play an important role in daily life and receive a lot of money - including small bills - as donations. The Ministry of Finance has requested religious institutions to deposit their cash donations....


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