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8th October 2008, Satoshi Nakamoto released the white paper of bitcoin. This white paper wasn't any other authoritative document but it was beginning of an biggest ever digital revolution man kind will ever see. 3rd January, 2009,  The bitcoin network came to life , Nakamoto did first transaction and produced the genesis block of bitcoin.  But bitcoin wasn't the "THE BIGGEST EVER DIGITAL REVOLUTION" I was talking about. It was the tech behind bitcoin, BLOCKCHAIN . People think Nakamoto invented blockchain because of bitcoin but what I think is just the opposite of it.  What is blockchain ? Blockchain is a new type of internet. Unlike internet blockchain is distributed, public ledger. Just like facebook is an application of internet blockchain is of application of  blockchain. Major difference between internet and blockchain is that internet is an network based on intermediaries whereas blockchain is a peer - to - peer network.  For Example le

  On 7th Dec, 2017 Bitcoin crossed a $14,000 barrier and within 10 hours of crossing that barrier it was being traded at outrageous price of $15,200. But, this wasn't the highest ever price. Just after few days bitcoin broke another record, on 17th Dec, 2017 its value soared to $20,000.    Ever since then value of Bitcoin has plunged to $6500.  Will it rise or fall further? Why it may rise ? Reason 1: If we study graphs of past 3 years it suggests us that Bitcoin starts gaining momentum in the month of October and maintains this bullish rally till 1st or 2nd week of january. Reason 2: Whales may start buying. Whales are holders of large amount of Bitcoin. They are major worry for investors as they are directly involved in speculation. It is considered that whales may start buying Bitcoin which will help to surge price Bitcoin. Why it may fall or burst ? Reason 1: The first thing that we should all remember is that Bitcoin is a currency. Treating Bitcoin as a commodity spoils th

"The India Uninc. is engine of our economic growth" What is India Unincorporated ? India Unincorporated is very Indian spirit with which we live. Its the India which we believe in. India  unincorporated are those unorganized businesses which appear in every nook & corner of modern India. Its the iron fist of Indian  economy, our answer to west world. it is the real reason why we stand strong when west sinks, cause our middle and low class stand strong.     In spite of this it is abandoned and often called as unwanted. Unorganised sector is not the residual sector of Indian  economy rather it is the dominant one. whensoever inflow of FDI (foreign direct invest) increases in indian economy it is celebrated, lauded & glorified  but its contribution to indian economy has never been more 9%. Where as unorganised sector holds a humongous share of 40%. Informal sector employs more than 93% of our total workforce. More than 90% of employment in agricu

"We have decided to ring-fence the RBI regulated entities from the risks of dealing with virtual currencies. These operators are required to stop having a business relationship with the entities dealing with virtual currencies forthwith and unwind the existing relationships within three months"                                                          - BP Kanungo                                                              (Deputy Governor,  RBI) After issuing premonitory warnings RBI finally doomed cryptocurrency exchanges by banning all RBI regulated organisations to provide services to cryptocurrency-related entities form 5th July, 2018 As per press circular released by RBI dated on 6th april, 2018, It (RBI) won't be dealing or providing any services to organisations dealing with cryptocurrencies. This action might be the result of $726 Million Gujarat bitcoin scam, which came to limelight after suspected involvement of Raj Kundra (british businessman a

“With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless.”                                                                                                        - Satoshi Nakamoto The Bitcoin whitepaper, Bitcoin: A Peer-to-Peer Electronic Cash System, was published in 2008 by Satoshi Nakamoto. Bitcoin is revolutionizing the global payments industry and people around the world are rethinking the meaning of their money. Moreover, the underlying technology and network that process Bitcoin transactions, known as blockchain, is transforming industries as varied as banking, farming, logistics, healthcare, elections and manufacturing, to name a few. Bitcoin creator, Satoshi Nakamoto discusses the web’s reliance on trusted third parties such as banks and credit card companies to process electronic payments. The traditional method may work for most transactions but problems do occur whe