RBI is scared about its existance. If all money will go in cryptos then what will happen to actual currency ? It will get drained. If all Rupee will get converted into cryptos, then what will be role of RBI of having nothing with them in Rupees ? So, it is possible that RBI is trying to save money in the form of rupees by not lossing everything to cryptos, so that RBI will continue to operate. For this, there is a need to think of saving both, rupees as well as cryptos. By saving rupees, RBI wil ..
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Fiat currency cannot be removed any time soon but cryptocurrencies can exist side by side easily.