Will Digital Rupee kill UPI, Cash and Banks? | Assetyogi Show #5

Is Digital Rupee a threat to Cash, UPI and Banks? Digital Rupee (e-Rupee)- India’s own version of CBDC is the digital form of our currency, issued and regulated by RBI.
In this video, we’ll discuss whether digital rupee will replace UPI and traditional banking system or will it coexist? Is digital rupee similar to cryptocurrencies or not? The video includes a live demo of using digital wallet and covers concerns about its regulations and legal status.


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0:00 Intro
01:16 What is Digital Rupee?
03:02 Need for Digital Rupee
03:16 Digital Rupee vs Cash
04:57 Digital Rupee vs UPI
05:30 Bank vs Digital Rupee
06:51 Bitcoin vs Digital Rupee
10:41 Uses of Digital Rupee





About the Video
After UPI, Digital Rupee emerges as a potential game-changer. It is the digital version of Rupee, issued and regulated by RBI. In this video, we try to shed light on its meaning, uses, and draw a comparison between digital rupee and the widely embraced Unified Payments Interface (UPI). We’ll find out if Digital Rupee will redefine the landscape of digital payments, challenging UPI's dominance?
We’ll explore its impact on the banking system of India. Will it pose challenges to established banking systems, or will it seamlessly coexist? The debate extends to Bitcoin and other cryptocurrencies – does Digital Rupee position itself as an alternative to cryptocurrencies?
We’ll understand the practical applications and benefits of Digital Rupee. From streamlined transactions to enhanced financial inclusion, Digital Rupee offers a spectrum of advantages for businesses, consumers, and the overall economy. The video provides a comprehensive understanding of how Digital Rupee stands as more than just a currency- a new disruption in the growing Digital India.
In this video, we’ll cover the following concepts:
1. What is Digital Rupee?
2. Uses of Digital Rupee
3. How to use e Rupi app?
4. Will digital rupee replace UPI?
5. Will digital rupee replace Banks?
6. Is digital rupee an alternative to bitcoin?
7. How to use digital rupee?
8. Advantages of digital rupee
9. Limitations of physical cash
10. Digital rupee vs UPI
11. Digital rupee vs bitcoin
12. Digital rupee vs bank

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