this is like asking people who have used centralized gmail for n generations to suddenly run their own mail server
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are people doing it at least in a small scale with people they trust? Handwritten iou's with date and signature or thumbprint?
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in some local ecosystems it has. I'd argue low trust + the complexity of Indian economy. The more complex the economy the wider your...
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..means of payment need to circulate the and less likelihood that local IoUs can replace universal IoUs (banknotes) as money.
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it did, in parts of Bengal. Scale is the other name of hell in India.
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or people might be lazy, y bother to give promissory notes for just 2 mnths, for pblms of demonetization would be settled by then..
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