So our Prime Minister just asked Indians to stop buying gold, avoid foreign trips, save petrol and work from home. All in one speech.
When a PM has to say this publicly the situation is already serious. India’s forex reserves are under real pressure and with everything happening in West Asia, one dollar could genuinely cross 100 rupees. It’s not a crazy thought anymore.
This is exactly why I keep talking about stablecoins. When your own currency is under pressure, having USDC or USDT gives you a hedge that your savings account simply cannot.
Not financial advice but the writing is on the wall. 🤝
#india
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