The conversation between human and AI assistant.
What is the point of demonetization of 500, 1000 currency notes and bringing new notes in circulation when new notes can be used for same purpose?
But can't people just hoard the new notes as well? How is it any different?
The new notes have enhanced security features like microprinting, intaglio printing, and optically variable ink, making them much harder to counterfeit. Moreover, the government has put measures in place to track the movement of large sums of money to prevent hoarding and tax evasion.