I hear human rights advocates diss UPI and Aadhar for making privacy tradeoffs
And I also witness UPI making it easier for women to run online D2C clothing brands in Tirupur;
I experienced Aadhar drastically reducing the barrier and time of entry of Indian working class people into the country's capital markets
India is quite funny
You have a choice between
Making someone install an app, enter their number, have their bank accounts listed automatically, get them to choose one to start sending and receiving online payments for free.
And
Explaining how money works and should work, what private key and public key are, past price performance and expectations in the future, custodial vs non-custodial, exchanges, difference between Bitcoin and Shitcoins, why it's not an investment, central banks, inflation, monetary policy, self-sovereignty, censorship-resistance, state of geopolitics and global financial system, channels, nodes, inbound and outbound balance.
UPI vs Bitcoin
Tough choice hmm?
