Friday, December 13, 2013

Will Apple's next products be as good as these?





Loved the idea of these gadgets;









Sunday, December 1, 2013

Bit coin the new bubble?

As Bitcoin becomes big and touching $ 1000, the regulators are worried about it being misused by anti social elements by money laundering. The risk associated with digital currency is also the possible misuse to lure innocent investors into new ponzi schemes.




Adding to the challenges to the regulators, bitcoin is already being accepted by many online retailers in countries like the US, China and a few others, for various purposes.

Started in 2010 bitcoin already has become the most valuable currency in the world with 1 bitcoin = 64000 INR. This posses a new and real challenge to Indian regulators namely RBI and SEBI.



US has started putting bitcoin under anti money laundering rules, but the other countries are still to follow. With the valuation increasing 5 times in the last months, it is also seen by many as a good investment portfolio, but with out a regulator, it is like going back to the 18th century, where in many ponzi schemes came up.

Hoping this will not be a bubble which would burst and bring down many people who have invested in the same.

We need an International regulator soon for the same.


Is your brain dumber or smart?

what do you say?