Tag Archives: Cash

Money doesn’t Grow on Trees

“One could make this argument [with TRAI]“, says my friend Dr Arun Mehta, “that the people who need it most are being denied mobile phone value added services.” We have been discussing, on the India-GII mail list, the enabling of money transfers through mobile devices.

But TRAI cannot act in this matter, unfortunately, and that’s to do with the implementation of the capital system (not political, I mean the nuts and bolts of the system). This blogpost looks at why, but (since it is difficult to shut me up once I have got started) it goes further, to chalking out a scenario where virtual cash rules.
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