, 4 tweets, 1 min read
TELL THIS TO EVERYONE YOU KNOW IN INDIA:

1. Do not keep more than 1 lakh INR in any Bank Account. As you must know by now, that is the only money you can get back if the Bank goes Bankrupt.
2. Tell them to invest their Cash into something they can hold and control its use. Gold. Silver. Bitcoin.

Bitcoin is very volatile, never invest all your money into one thing. DO NOT PUT ALL EGGS IN ONE BASKET.
3. Tell them to keep some cash at home, in case of emergency. Do not be greedy for the 4-6% interest rates on Savings Account.

50000 INR will fetch 2000 INR interest in One Year. If it is an FD, it will be 4000 INR.

Keeping 50000 Liquid money will help in crisis.
4. Banks are not liable for your money. Banks do not hold your money for "Safe Keeping", but they are not liable to keep it safe.

Explain this to everyone you know. Tell them Banks aren't going to save your money when it goes down.

NOTHING IS TOO BIG TO FAIL.
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