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India Is Crying For Help, From Blockchain Technology

August 30, 2020August 30, 2020 AnandPatel

India is the 7th largest country in the world & probably the most diverse population in the world. These are just a few of the many good points about this place. Hailed among the world’s largest consumer base, because of which, every big company is betting on India as the next business hub. However, with such a huge landmass, diversity, culture, state politics & widely distributed buying capacity. Is it the right place to bet on?. One can not deny the fact that the per capita income of India is mere ~Rs 1,35,000; it has one person among the world’s 10 richest people. Thus, there is inequality in some sense & a hint of how unevenly distributed wealth, infrastructure & facilities are. As most of the people are yet to be educated, there is a problem in implementing revolutionary technologies. People here are reluctant to use new technology unless & until it becomes absolutely essential for their existence & for this reason, the focus on innovation & R&D is very limited. Because of reluctancy in adopting new technologies, India is still using generation-old practices to carry out works. Even today, there is no digital copy of important documents like case files, land records, past owners, government orders, etc. The inefficiency in working may not be limited to not adopting technology or trying a more efficient way to work, corruption at every level doesn’t make things simple either. India can be a place to experiment with this upcoming technology of blockchain. Some of the fields mentioned below, but not limited to these can be revolutionized with the use of blockchain. However, technology is one aspect, but making it user friendly, considering the limited knowledge is one aspect that is required to be solved.

Land Records:

India has a 7th largest land parcel & 2nd most populist country. In India, the land is generally is passed on from one generation to the other. But, with the rise of industrialization, SEZ (special economic zone), Industrial zone, etc. Many of the agricultural lands have been converted to these highly functioning areas. But, the snail pace of converting land ownership is still a bottleneck for this booming country. Ask anyone & the first thing they will say about India is its land reforms. So, why is it so difficult to make land available for the development. In fact, getting land is one of the major reasons for delays in the activities. The delay in obtaining land is due to unorganized land records. There is no concrete document to determine the ownership records or transfer or lease documents, anything that can determine the ownership with transparency. To add on, fake documents of the same land records with different owners is another nail in the coffin. Till now there is no centralized portal to keep the record for various reasons, but with blockchain, this can become very simple & transparent. A non-mutable decentralized chain that can store all the records till date & that can be accessed by everyone is the solution India is seeking for. This way land records will be clean & can not be manipulated by any greedy person, this will lead to transparency in the process & transactions in a much smoother way & will also show transparency in transactions.

Supply Chain:

Globalization is the reason why one can afford brands not manufactured in their country. With countries opening boundaries to big companies is not only boosting the business but also counterfeit products. China is one of the known players for counterfeit, they can literary produce counterfeit products of any brand you can think of. Not only finished products, but even the raw material can also be adulterated which can lead to bad quality products. A person who is paying a handsome amount of money for products wants to know if the product is genuine or not. Blockchain technology can successfully store all the information on the system. It can track the origin of the product, raw materials quality & if there some below-par ingredients used. This will ensure the quality & built trust with the consumers. With a QR code, one can check the whole history of the product.

Welfare schemes:

India is a massive country & a lot of its population depends on the welfare schemes & some sort of benefit. The system to help the needy ones is in the place. But, these are not direct schemes, there is a large chunk of these funds which are distributed from the governing authority which used to take a cut while distributing. This system is changing now, with govt sending benefits directly to the bank accounts, abolishing middlemen. Blockchain can simplify this process with smart contracts, a contract that starts & stops based on the conditions without anyone overlooking it. A simplified & efficient process that can be quick & will not take efforts to maintain it, as it will be automated based on the underlying principles. Also, the transactions will be completed in the fraction of time & the transaction charges will be peanuts compared to the existing terms.

Insurance:

Insurance is one industry that sells fear. Many people fall into this & take insurance for the time of misfortune. However, taking insurance is the easier part. The tricky part claims, so often relatives are not able to claim the amount against the misfortune. Review of reimbursements is a tedious process & it takes a lot of time to execute. All this can be transferred into the blockchain. Imagine a place, where a person signs a smart contract document & it gets executed automatically on complying predetermined conditions. This will build trust between the parties along with making it more efficient. Also, the contract will execute automatically once the conditions are met.

Real Estate:

Real estate one institute where people invest their large chunks of money. One of the costliest assets in the world, investing is not that easy in Real estate. One has to spend millions of Rs to invest in the property. However, imagine a situation where you can buy real estate property equivalent to 1000 INR, just like stocks you can buy part of the property. With blockchain & smart contracts, this is possible. One can buy a small portion of the property & can enjoy renting benefits. This will open up new avenues & investment opportunities & all these transactions will be automated which will encourage the trust & transparency in the transactions.

Banking the unbanks:

The banking system came into the picture to help people store & earn some interest for parking their money. But, a system that was supposed to help the needy decided to avoid them as they are not profitable enough. This has created a lot of problems for people who can’t afford to become part of this system due to some or the other issue. Blockchain doesn’t require any such protocol. The whole system is open & anyone can transact or use it. This will be massive for the people not only owning money they can lend money & earn some interest on it. Decentralized finance is a booming industry & the method of lending or collateral is slowly picking up the pace.

User Privacy:

Privacy is now considered essential even for the digital age. There are so many reports that exposed big companies using data without your knowledge; companies like Facebook, Google, Tiktok, etc are blamed for stealing data without the user’s knowledge. Yet, there is no progress in privacy factors. Companies have amended the privacy policies, however, the trust is lost for the good. With blockchain, one can choose the avatar, that it wants to share with the world & allow things that he or she wants to share. A solution that is much needed in today’s time where the user has the power to control what or what not; he or she wants to share.

Online Games:

The success of fortnight, PubG, Pokemon Go, Cryptokitties, etc proved the craze of games in the life of a person. People buy accessories, weapons, clothes & whatnot in the virtual world. The gaming industry is still in the early phase, once technology like augmented reality & virtual reality industry becomes mainstream, people will prefer to stay in the virtual world more than the real world. It is that influential & realistic. But, with tokenization people can use tokens to buy virtual accessories & trade them. With blockchain overlooking various stakeholders, the transactions are always authentic & transparent. With the use of the tokens, the world will become truly borderless & will not require the conversion of currency. Using game tokens will be universally accepted & not only one can trade or buy from it. They can also earn while playing games. Brave browser is one such example that allows you to earn BAT token for viewing ads. Ads are the main source of income for Google, sports, news channels & many more. Earlier consumers were forced to watch ads without their liking & their data were shared with various marketing agencies. However, a brave browser changed this & it is one of the fastest-growing browsers. Using a brave browser & earning BAT tokens is just one example of the utility, there are a plethora of unventured avenues that can be touched with blockchain & made much more efficient & reliable.

Conclusion:

Above are some of the few industries that can be revolutionized with the use of blockchain. Some of the industries have even started integrating blockchain into their ecosystem. Companies are realizing the benefits & use of this technology. Bitcoin which is a peer to peer digital currency has already captured 1/10th of the gold market, that too considering Gold is in the existence since 1000’s of years, whereas bitcoin, is only a decade older. Ethereum is another blockchain technology that is gaining expertise in developing smart contracts, decentralized finance. There are so many great ideas that could radically change the world from the current scenario. Blockchain is one such technology. Bitcoin has already proved to be efficient, a blockchain that is yet to miss a beat & working absolutely fine. Taking inspiration from this technology, we can use it in various industries & make it more efficient. There are so many companies that are using blockchain to create something & open up new avenues. The government in the developed nations is already taking giant steps towards blockchain & sooner or later this will change the shape of the world. Blockchain is still in the early phase, but with all the development & interest, this could really turn up the heat.

Blockchain can be a game-changer for the country like India. As there are many loopholes in the existing systems & due to loopholes, there are many inefficiencies. Because of inefficiencies, people are not trusting the system & as a result, people try to bypass the whole system. On the other hand, blockchain can be designed without any governing body & doesn’t require any trust to perform, as it works fine without anyone supervising the process. So, blockchain may be the hope that emerging countries are looking for. Anything that has middlemen & requires human intervention will be replaced by the trustless nature of blockchain.

Where Is The God? Part 3(Losing A Job)

August 14, 2020August 14, 2020 AnandPatel

The year 2020 has not been the best year for most of the world. The coronavirus outbreak has started havoc which is out of control & predicting when this will end is difficult at this point of time. There is no other way to control it apart from social distancing. However, is it that simple to stay at home & wait till the dust settles down? The answer varies largely with the crowd. With people having enough money are more than happy to spend time at home. But, people who are already poor are finding it difficult to spend their day; they are getting anxious about survival each passing day & in growing economies the situation is much worse. Although, these are two extreme ends of human well being. There is one more part of the society, that is not talked enough. These are middle-class people who rely on jobs for their monthly needs. Middle-class people spend most of their life wondering how to buy, a house, a car, etc. They are dependent on the monthly payments for all the big expenses like house, car, etc & because of lockdown & drop in the consumer demands, companies have started to lay off the employees & during this time when world’s economy is sliding into the recession, finding another job is next to impossible. So, imagine the situation of that person who has all the liabilities & just lost the job during this crisis. These people must be wondering where is God?

With problems piling up of one upon the other, the way always seems to be bleak & many people get discouraged about their future. What a person can do during this time when everything is lost?. In my opinion, the best way to deal is to try once again; but, it is harder than said. Many times situations like this will come; when things are not perfect, but like a warrior, one should try it for one more time. There are always many perspectives to an object & it depends on you to choose that suits your growth. Our mind gets filled with negative thoughts very easily & it takes lots of effort to only allow positive thoughts & during these times, having a positive thought is a hard task indeed. Yet, the only favor you can do to yourself is to think positively. Choose to fight rather than to quit & encourage yourself to imagine a positive future. The moment when you find positives in life & you will feel amazed to see there is always some positive thoughts or quotes during the hour of the need as if some powerful entity is looking for your well being. Maybe the God you were looking for.

But, to build a positive mindset, one should build something, read something or upgrade existing skills & not having a job may be the blessing in the disguise you were looking for. There are many examples of people who started some business while not on the job. You may or may not be among such league but you will surely learn something out of it & that will help you in the future. Sometimes business is not about money, the internet has opened a lot of previously unimaginable avenues. You can start a youtube channel, an Instagram account, a Facebook fan page, a blog & so on. The opportunities are numerous, just an intent is needed to overcome obstacles & do something. Even when every door you perceived is closed, there is always a small opening that is there for you. So, being ready for that moment to shine is the best way to spend this free time. Always remember like everything else this shall too pass you just need to keep your faith intact.

Always remember losing a job, may or may not be your fault. And remembering this shall be great in building both your career & life. You might have lost a job due to loss in a business company not having enough funding, no market for your business, etc. All these factors may be the reason for laying off which is not entirely your fault. Thus, it is recommended not to doubt your abilities & utilize this time to sharpen your blend edges. If you are good enough, you will eventually break through some walls. A few years back I have read a post, that was about how to get a job I want. It was a fantastic post considering it taught me how easy cracking a job is, if you are good enough for that. Sometimes you are not good enough & rather than taking this to your ego, take this feedback to improve upon yourself. After getting feedback about your work, work on improving your shortcomings. This is the best you can do. However, always remember you can only do your part & results are not in your hand. They may vary with the situation & many times you will be frustrated with it. but you will be in a better position to deal with. So, don’t judge your efforts by the results but the steps you have taken to improve yourself.

Maintaining motivation is very hard as it is hard to fake something. Still, you have to find things that you like & imagine the goals you want to achieve. Once you can imagine your goals, you will get the much-required push to sprint towards your goals. Hence, it is said to write down your goals, as it will keep you reminding about the place you want to go & if you try from your heart, the chances of achieving it will be very fair. Don’t let distractions grab your goals.

By now you will be amazed to see how losing a job can be a blessing in disguise & God gives you those small opportunities when the world is not all green. God is in those dreams, that is not letting you sleep & keeping you on your toes. Thus, now is the time to work & follow your dreams. It might not be all sunny but, once you achieve what you are seeking, you will be ecstatic. Happiness does not always come from following your passions. But, sometimes it comes by performing your best & enjoying the struggles.

What Is Bitcoin?

July 23, 2020July 23, 2020 AnandPatel

Bitcoin is a peer to peer currency that is not governed by any government or central authority. As nobody looks after it, no one to manipulate it or print it or to control it. Many people consider Bitcoin as digital gold, which is an astonishing feat to achieve considering it was invented only in 2009.

With the rise in internet penetration, the world is connected & most of the business is happening online. Almost all the industries have ramped up their tactics to deliver products fast & in a reliable manner. However, the finance industry is still using age-old practices to transfer money. Bitcoin is made entirely for the internet, a global currency that can not be manipulated by any superpower. India is a massive country, yet its knowledge of this new technology is limited to only a few thousand.

People are confused about this & rightly so, as there are not enough posts that explain the technology & other aspects in simple language. So, this post in is my effort to make them understand this technology, why this is important & why it is probably the future. I am no expert in this field, however, I am trying my level best to get you introduced to this technology & why it is important for you. Also, there is one surprise at the end, so read this post completely.

India has a lot of unorganized sectors & when more than 50% of the population is below the poverty line, not everyone is connected with the banks & there is still a basic problem of transactions. Some people don’t get the desired amount & some are not all connected & even if connected the process of transferring money takes ages to reach the recipients. Hence a robust banking system is the need of an hour. Not only in the finance but land revenue records, census, food chain & logistic. Blockchain can be a valuable aspect that India is looking for. Bitcoin is proved to be a successful blockchain application that only solves financial markets. However, soon every industry will use blockchain in some form or the other.

India a country with more than 50% of the population is below the poverty line & uneducated as well. Bitcoin to succeed will take time in fact it might take decades. However, India has adopted fast to new technology & if they will find it useful, the adoption time might reduce substantially. But, it is for sure India won’t be the earliest country to adopt to cryptocurrency & blockchain. So, before India sees a massive adoption it needs to educate about this & let them decide. If they want a decentralized trustless system or a central system that can dictate how they should live.

What Is Bitcoin?

Bitcoin is a network that allows one to transact with the other in a trustless fashion & recording the transaction on the open ledger known as Blockchain. (b)itcoin is the reward for making transactions in the (B)itcoin protocol.

So, simply, Bitcoin with capital B is a railway network, bitcoin with small b is a fee that you get to use to the network & coaches that are connected together is the blockchain, an open ledger book (keeps incoming & outgoing records) that can be viewed by anyone who has downloaded Bitcoin protocol.

Bitcoin protocol was developed by Satoshi Nakamoto (the real identity is still unknown). Bitcoin was developed after the financial crisis of 2008; when the world melts down due to recession because of a failed banking system. A robust financial system was very much required & bitcoin was invented to solve this void. People lost faith in governance & its ability to deal with economic meltdown due to greedy bankers. Since bitcoin inception, people laughed it out as a Ponzi scheme. But, a decade later some views have shifted to the other side & they will a trustless decentralized system worked better than the existing financial system. Thus, it is gaining popularity among the crowd.

Why bitcoin is currency?

Currency is the value that one believes in. In simple words, you accept 10 Rs note because you believe that the value of that paper is 10 Rs & government backs the assumption. Similarly, bitcoin derives its value because people believe it is worth something. Till 1971 fiat currency was backed by Gold. However, in the same year, Nixon ended gold backing of US dollars & because the US dollar was the most stable & power currency during that time, the rest of the countries pegged their currency to the dollar. What if the US dollar is not a sustainable currency? If the US dollar fails than most of the world currency will collapse. Gold is one of the alternates. Gold has many properties that made it the most valuable asset for the transaction & thus countries hoard Gold in their reserves for rainy days. The following are some of the properties because of which Gold is the most valuable asset in the world & how bitcoin in its short timespan is competing with it & maybe beating it.

Scarce:

The scarce the asset, the valuable it is. Gold’s total supply is yet to be known. On the other hand, bitcoin has limited supply for 21 million & the last bitcoin will be mined around 2140.

Store of value:

Gold has a store of value as it is recognized by all & as its value is determined by the available supply. Although bitcoin is yet to be recognized by all. It is in the process of the same & with mass adoption, this will also change very rapidly.

Divisible:

As gold is malleable it can be divided into smaller units & each unit will hold its value. Similarly, bitcoin can be divided into smaller units & the smallest unit is known as a satoshi. Thus, the smallest unit is 0.00,00,001

Portable:

Money can be carried out from one place to another. Physical gold is not satisfying this property as of now. However, bitcoin can be taken to any place you wish without any restriction, you just need a device to hold your transactions.

So, because of the above-mentioned properties, bitcoin is considered as digital gold. Considering the ecosystem is being shifted to the internet & a global currency with some intrinsic value attached to it & is limited in availability, bitcoin holds a higher position than gold.

How bitcoin is generated?

bitcoin is generated through the process of mining. Just like one has to mine earth to find gold, in Bitcoin protocol many people compete with each other to solve a cryptographic problem. The process of solving a problem & in return getting a reward is known as mining. The fastest computer to solve the problem is rewarded with bitcoins. For solving a block miner receives 6.25 bitcoin (as of now). This reward will automatically be reduced to half every 4 years & this process of halving reward is known as bitcoin halving. This is an important concept, as this makes it a deflationary asset rather than an inflationary asset which is in the case of fiat currency or paper currency.

The whole process of solving a problem is automatic & done through the computing power of the CPU. So, when one a miner solves the problem & shares the solution, other miners validate the same & if found appropriate the transaction is captured in the blockchain. The whole process usually takes 10 min on average & the whole process is automated. So, no one can deny anyone a reward as there are enough nodes to verify the transaction.

How is bitcoin useful?

1) Connecting the unbanked:

bitcoin is the best performing use case for poor, helpless people. Maybe not so much for people who are banked but for those who are unbanked. Most of the unbanked people are not considered by the banks as they are not profitable enough. bitcoin solves this problem massively. You don’t need a KYC, credit history, or any other document but a mobile phone to download the protocol & you are connected to the bitcoin universe. It is as simple as sending an email.

2) Remittance:

International remittance is a huge business & it takes 5% to 30% as a fee to send money from one country to another depending on the receiving country & service provider. Don’t calculate time to receive the payment that is around 5 to 14 days, bitcoin transaction happens in 10 min & the fee is few cents. So, this is one of the reasons why many banks are opposing this technology as this is eating their business.

3) Traceable:

The transaction made on Bitcoin is from one address to another & any transaction made by the address will be reflected in the account & it is open to anyone who downloads the protocol can check the transactions made to date. An open ledger that can be accessed by anyone in the world.

4) Double spending:

Banks spend people saving money without their knowledge that creates a liquidity issue. Recently, India has seen many banks not allowing people to take out their savings & capped the withdrawals. Spending money that is not there or spending it again is the core of double-spending. Blockchain solves this problem, as it doesn’t allow you to keep money with yourself once you made a transaction. That means once you made a transaction, the same amount will be deducted from your account & will be reflected in other accounts & you can spend what is not there.

6) Asset:

The only reliable asset is gold in today’s world. When the world’s finance function is fragile & because of inflation currencies are losing their worth, bitcoin provides to be a perfect solution as it is an appreciating asset maybe not in the short term but definitely in the longer term. bitcoin traded at 0.06 USD in 2009 & now it is trading at 9,000 USD. You can do the math here.

How to buy bitcoin?

bitcoin can be bought either by exchanges or can be earned through mining. Mining bitcoin is costly nowdays as it required a powerful computing system & a lot of electricity. The best way to buy a bitcoin is through traders. Several traders allow you to buy bitcoin at the market price. India is one of the biggest markets in the world that is still untapped. You can buy bitcoin from the following platforms. For India you can refer to how to buy bitcoin in India?

1. WazirX:

One of the best apps available to buy Bitcoin in India. Led by a wonderful team of young people this startup found an innovative solution of P2P money transfer to buy Bitcoin throughout the ban. An easy to enroll process & great customer support makes this a good bet. You can download WazirX app from the google play store & AppStore. Only start-up in India to be funded by Binance. Because of high regard from global leaders in this field. Wazirx is one of the best places to buy bitcoin in India.

2. Coinbase:

One of the best exchanges in the world. However, lately, they have come under a lot of criticism for helping SEC to get data on US citizens that are dealing in cryptocurrency & also for the crashing of the website when the price of Bitcoin hit 10,000 USD. Still, it is one of the safest options available & also exchange has some of the lesser-known coins that can be traded. However, the transaction fee is one thing that you should have a close eye on to.

3. Binance:

Binance is one exchange that is gaining ground for altcoins. People are jumping to Binance to buy different cryptocurrencies with USD, EUR, etc. Recently Binance started staking platforms for some cryptos which means you will get some annual return for keeping those coins on the platform, a real passive income possibility.

Is it safe?

In simple words, bitcoin is very safe no one can take it from you until & unless they hack your private key. Most of the people get lenient here. After generating a bitcoin wallet, you will be allotted a random public key & private key. If you wish you can generate it by yourself. The public key is your address with which you receive bitcoin, it is visible to all; just like your email id & the private key is through which you make transactions, treat it like a password. You can’t send bitcoin from your wallet without a private key. Also, note that exchanges through which you buy & sell are just holding with only access to the public key. The best way to keep your bitcoin safe is by keeping it in the cold storage (a device that is not connected to the internet) in some safe place. As there is no physical representation of the bitcoin, you don’t need to worry about owning a store or safe space. As everything can be held up in a small device as small as your pen drive.

Why you should own some bitcoin?

There will be many questions in the mind of a buyer. Why should anyone buy it? How different it is from the existing system & it is difficult to understand. All such questions are valid.

It is hailed as the greatest innovation since the internet, whereas the internet-connected the world & bitcoin will connect the world financially. It is giving power back to the people in the most trustless & efficient fashion.

But, imagine 1990 when computers have just arrived & sending an email was as tough as giving exams, yet years later everyone is comfortable with it & use it in daily activities. It might seem difficult to use but once you get hold of it things will be smooth. Another important point is in the digital age when everything is online it is a need to have a digital currency that can be transferred on the internet.

When the currency is having an inflationary effect on the economy having a deflationary asset is a must. It can be a safeguard against falling fiat currency.

The price of bitcoin is based on demand & supply. The order book of people willing to sell at a given price & people willing to buy at that particular price determines the price. In 2009 the price of 1 bitcoin was 6 cents & 10 years later it is around 9,000 USD a gain of whopping 10,000%.

The point that most of you are reading this post, the price appreciation if bitcoin reaches the high it is supposed to then the most pessimistic price predicted is 1,00,000 USD & at present, the value of bitcoin is hovering around 10,000 USD. Still a gain of 10x is on the cards in the coming years.

You can read about the bitcoin in Hindi here.

Bitcoin In Hindi

July 19, 2020July 19, 2020 AnandPatel

बिटकॉइन एक सहकर्मी से सहकर्मी मुद्रा है जो किसी भी सरकार या केंद्रीय प्राधिकरण द्वारा शासित नहीं है। जैसा कि कोई भी इसे नियंत्रित नहीं करता है, कोई भी इसे प्रिंट, हेरफेर या हैक नहीं कर सकता है, यही कारण है कि कई लोग बिटकॉइन को डिजिटल सोना मानते हैं, जो कि केवल 2009 में आविष्कार किया गया था, यह विचार करने के लिए एक आश्चर्यजनक उपलब्धि है।
इंटरनेट के प्रवेश में वृद्धि के साथ, दुनिया जुड़ी हुई है और अधिकांश व्यापार ऑनलाइन हो रहा है। लगभग सभी उद्योगों ने उत्पादों को तेजी से और विश्वसनीय तरीके से वितरित करने के लिए अपनी रणनीति तैयार की है। हालांकि, धन हस्तांतरण के लिए वित्त उद्योग अभी भी पुरानी प्रथाओं का उपयोग कर रहा है। बिटकॉइन पूरी तरह से इंटरनेट के लिए बना है, एक वैश्विक मुद्रा जिसे किसी भी महाशक्ति द्वारा हेरफेर नहीं किया जा सकता है। भारत एक विशाल देश है, फिर भी इस नई तकनीक का ज्ञान केवल कुछ हज़ार तक ही सीमित है।
लोग इस बारे में उलझन में हैं और ठीक ही इसलिए, क्योंकि वहाँ पर्याप्त पोस्ट नहीं हैं जो सरल भाषा में प्रौद्योगिकी और अन्य पहलुओं की व्याख्या करते हैं। तो, यह पोस्ट मेरा प्रयास है कि मैं उन्हें इस तकनीक को समझाऊं, यह महत्वपूर्ण क्यों है और शायद यह भविष्य क्यों है। मैं इस क्षेत्र में कोई विशेषज्ञ नहीं हूँ, हालाँकि, मैं आपको इस तकनीक से परिचित कराने के लिए अपने स्तर पर पूरी कोशिश कर रहा हूँ और यह आपके लिए क्यों महत्वपूर्ण है। इसके अलावा, अंत में एक आश्चर्य है, इसलिए इस पोस्ट को पूरी तरह से पढ़ें।

भारत में बहुत सारे असंगठित क्षेत्र हैं और जब 50% से अधिक आबादी गरीबी रेखा से नीचे है, तो हर कोई बैंकों से जुड़ा नहीं है और अभी भी लेन-देन की बुनियादी समस्या है। कुछ लोगों को अपेक्षित समय पर वांछित राशि नहीं मिलती है और कई अभी भी नहीं हैं और जो लोग जुड़े हुए हैं, राशि प्राप्त करना एक कठिन प्रक्रिया है और लेनदेन शुल्क एड़ी में एक कील है। इसलिए एक मजबूत बैंकिंग प्रणाली की बहुत आवश्यकता है। न केवल वित्त में बल्कि भूमि राजस्व रिकॉर्ड, जनगणना, खाद्य श्रृंखला और उपस्कर। ब्लॉकचेन एक मूल्यवान पहलू हो सकता है जिसकी भारत को तलाश है। बिटकॉइन एक सफल ब्लॉकचेन एप्लिकेशन साबित होता है जो केवल वित्तीय बाजारों को हल करता है। हालांकि, जल्द ही हर उद्योग किसी न किसी रूप में ब्लॉकचेन का उपयोग करेगा।
भारत 50% से अधिक आबादी वाला देश गरीबी रेखा से नीचे है और अशिक्षित भी है। बिटकॉइन को सफल होने में वास्तव में समय लगेगा, इसमें कई दशक लग सकते हैं। हालांकि, भारत ने नई तकनीक के लिए तेजी से अपनाया है और अगर वे इसे उपयोगी पाएंगे, तो गोद लेने का समय काफी हद तक कम हो सकता है। लेकिन, यह सुनिश्चित है कि भारत क्रिप्टोक्यूरेंसी और ब्लॉकचैन को अपनाने वाला सबसे पहला देश नहीं होगा। इसलिए, भारत को बड़े पैमाने पर गोद लेने से पहले इस बारे में शिक्षित करने और उन्हें निर्णय लेने की आवश्यकता है। यदि वे एक विकेंद्रीकृत भरोसेमंद प्रणाली या एक केंद्रीय प्रणाली चाहते हैं जो यह तय कर सके कि उन्हें कैसे जीना चाहिए।

बिटकॉइन क्या है?

बिटकॉइन एक ऐसा नेटवर्क है जो एक भरोसेमंद फैशन में एक दूसरे के साथ लेन-देन करने की अनुमति देता है और लेन-देन एक खुले लेज़र में दर्ज होता है जिसे ब्लॉकचेन के रूप में जाना जाता है। (b) itcoin (B) itcoin प्रोटोकॉल में लेनदेन करने के लिए इनाम है।

बिटकॉइन प्रोटोकॉल को सतोशी नाकामोटो द्वारा विकसित किया गया था (वास्तविक पहचान अभी भी अज्ञात है)। बिटकॉइन को 2008 के वित्तीय संकट के बाद विकसित किया गया था; जब एक असफल बैंकिंग प्रणाली के कारण मंदी के कारण दुनिया पिघल गई। एक मजबूत वित्तीय प्रणाली की बहुत आवश्यकता थी और इस शून्य को हल करने के लिए बिटकॉइन का आविष्कार किया गया था। लोगों ने लालची बैंकरों के कारण शासन और आर्थिक मंदी से निपटने की क्षमता में विश्वास खो दिया। बिटकॉइन की स्थापना के बाद से, लोगों ने इसे पोंजी योजना के रूप में बताया। लेकिन, एक दशक बाद कुछ विचार दूसरी तरफ स्थानांतरित हो गए हैं और वे एक भरोसेमंद विकेंद्रीकृत प्रणाली को मौजूदा वित्तीय प्रणाली की तुलना में बेहतर काम करेंगे। इस प्रकार, यह भीड़ के बीच लोकप्रियता हासिल कर रहा है।

बिटकॉइन मुद्रा क्यों है?

मुद्रा वह मूल्य है जिस पर कोई विश्वास करता है। सरल शब्दों में, आप 10 रुपये के नोट को स्वीकार करते हैं क्योंकि आप मानते हैं कि उस पेपर का मूल्य 10 रुपये है और सरकार धारणा का समर्थन करती है। इसी तरह, बिटकॉइन अपने मूल्य को प्राप्त करता है क्योंकि लोगों का मानना है कि यह कुछ के लायक है। 1971 तक फ़्लाइट मुद्रा गोल्ड द्वारा समर्थित थी। हालाँकि, उसी वर्ष, निक्सन ने अमेरिकी डॉलर का सोना वापस कर दिया और क्योंकि उस दौरान अमेरिकी डॉलर सबसे स्थिर और शक्ति मुद्रा था, बाकी देशों ने अपनी मुद्रा को डॉलर से जोड़ा। क्या होगा अगर अमेरिकी डॉलर एक स्थायी मुद्रा नहीं है? यदि अमेरिकी डॉलर विफल हो जाता है तो दुनिया की अधिकांश मुद्रा गिर जाएगी। वैकल्पिक में से एक गोल्ड है। सोने में कई गुण होते हैं जो इसे लेन-देन के लिए सबसे मूल्यवान संपत्ति बनाते हैं और इस तरह से देश बारिश के दिनों में अपने भंडार में सोना जमा करते हैं। निम्नलिखित कुछ गुण हैं जिनके कारण गोल्ड दुनिया की सबसे मूल्यवान संपत्ति है और इसके छोटे समय में बिटकॉइन कैसे प्रतिस्पर्धा कर रहा है और शायद इसे हरा रहा है।

दुर्लभ: उत्पाद जितना दुर्लभ होगा, उतना ही महंगा होगा। सोने की कुल आपूर्ति अभी तक ज्ञात नहीं है। दूसरी ओर, बिटकॉइन की आपूर्ति 21 मिलियन तक सीमित है और अंतिम बिटकॉइन वर्ष 2140 के आसपास खनन किया जाएगा।

मूल्य का भंडार: सोने के मूल्य का एक भंडार है क्योंकि यह सभी द्वारा मान्यता प्राप्त है और जैसा कि इसके मूल्य उपलब्ध आपूर्ति से निर्धारित होता है। हालांकि बिटकॉइन को अभी तक सभी द्वारा मान्यता नहीं दी गई है। यह उसी और बड़े पैमाने पर गोद लेने की प्रक्रिया में है, यह भी बहुत तेजी से बदल जाएगा। यह मानते हुए कि यह सोने के समान बाजार होगा।

विभाज्य: जैसा कि सोना निंदनीय है, इसे छोटी इकाइयों में विभाजित किया जा सकता है और प्रत्येक इकाई अपना मूल्य धारण करेगी। इसी तरह, बिटकॉइन को छोटी इकाइयों में विभाजित किया जा सकता है और सबसे छोटी इकाई को सातोशी के रूप में जाना जाता है। इस प्रकार, सबसे छोटी इकाई 0.00,00,001 है

पोर्टेबल: पैसा एक जगह से दूसरी जगह ले जाया जा सकता है। भौतिक सोना इस संपत्ति को अभी तक संतुष्ट नहीं कर रहा है। हालांकि, बिटकॉइन को आप बिना किसी प्रतिबंध के किसी भी स्थान पर ले जा सकते हैं, आपको बस अपने लेनदेन को रखने के लिए एक उपकरण की आवश्यकता है।

इसलिए, उपरोक्त गुणों के कारण, बिटकॉइन को डिजिटल गोल्ड माना जाता है। पारिस्थितिकी तंत्र को ध्यान में रखते हुए इंटरनेट और एक वैश्विक मुद्रा में स्थानांतरित किया जा रहा है जिसमें कुछ आंतरिक मूल्य जुड़ा हुआ है और उपलब्धता में सीमित है, बिटकॉइन सोने की तुलना में एक उच्च स्थान रखता है।

बिटकॉइन कैसे उत्पन्न होता है?

बिटकॉइन खनन की प्रक्रिया के माध्यम से उत्पन्न होता है। जैसे किसी को सोना खोजने के लिए धरती पर जाना पड़ता है, वैसे ही बिटकॉइन प्रोटोकॉल में कई लोग क्रिप्टोग्राफिक समस्या को हल करने के लिए एक-दूसरे के साथ प्रतिस्पर्धा करते हैं। एक समस्या को हल करने और बदले में एक इनाम प्राप्त करने की प्रक्रिया को खनन के रूप में जाना जाता है। समस्या को हल करने के लिए सबसे तेज़ कंप्यूटर को बिटकॉइन से पुरस्कृत किया जाता है। एक ब्लॉक माइनर को हल करने के लिए 6.25 बिटकॉइन (अब तक) प्राप्त होता है। यह इनाम स्वचालित रूप से हर 4 साल में घटकर आधा हो जाएगा और इनाम को आधा करने की इस प्रक्रिया को बिटकॉइन हॉलविंग के रूप में जाना जाता है। यह एक महत्वपूर्ण अवधारणा है, क्योंकि यह इसे एक मुद्रास्फीतिक संपत्ति के बजाय एक अपस्फीति वाली संपत्ति बनाता है जो कि फिएट मुद्रा या कागजी मुद्रा के मामले में है।
किसी समस्या को हल करने की पूरी प्रक्रिया सीपीयू की कंप्यूटिंग शक्ति के माध्यम से स्वचालित और पूरी होती है। इसलिए, जब एक खनिक समस्या का हल करता है और समाधान साझा करता है, तो अन्य खनिक उसी को मान्य करते हैं और यदि उपयुक्त पाया जाता है तो लेनदेन को ब्लॉकचेन में पकड़ लिया जाता है। पूरी प्रक्रिया में आमतौर पर औसतन 10 मिनट लगते हैं और पूरी प्रक्रिया स्वचालित है। इसलिए, कोई भी किसी को इनाम देने से इनकार नहीं कर सकता क्योंकि लेनदेन को सत्यापित करने के लिए पर्याप्त नोड हैं।

बिटकॉइन कैसे उपयोगी है?

1) असंबद्ध को जोड़ना: गरीब, असहाय लोगों के लिए बिटकॉइन सबसे अच्छा प्रदर्शन करने वाला उपयोग मामला है। शायद उन लोगों के लिए बहुत कुछ नहीं है जो बैंक में हैं, लेकिन उन लोगों के लिए जो अनबैंक हैं। अधिकांश अनबैंक लोगों को बैंकों द्वारा नहीं माना जाता है क्योंकि वे पर्याप्त लाभदायक नहीं हैं। बिटकॉइन इस समस्या को बड़े पैमाने पर हल करता है। प्रोटोकॉल डाउनलोड करने के लिए आपको केवाईसी, क्रेडिट हिस्ट्री या किसी अन्य डॉक्यूमेंट की जरूरत नहीं है, लेकिन आप बिटकॉइन ब्रह्मांड से जुड़े हैं। यह ईमेल भेजने जैसा सरल है।

2) प्रेषण: अंतर्राष्ट्रीय प्रेषण एक बहुत बड़ा व्यवसाय है और इसे प्राप्त करने वाले देश और सेवा प्रदाता के आधार पर एक देश से दूसरे देश में धन भेजने के लिए शुल्क के रूप में 5% से 30% लगते हैं। 5 से 14 दिनों के आसपास भुगतान प्राप्त करने के लिए समय की गणना न करें, बिटकॉइन लेनदेन 10 मिनट में होता है और शुल्क कुछ सेंट होता है। इसलिए, यह एक कारण है कि कई बैंक इस तकनीक का विरोध कर रहे हैं क्योंकि यह उनके व्यवसाय को खा रहा है।

3) ट्रेस करने योग्य: बिटकॉइन पर किया गया लेन-देन एक पते से दूसरे पते पर होता है और पते पर किए गए किसी भी लेनदेन को खाते में परिलक्षित किया जाएगा और यह किसी के लिए भी खुला है जो प्रोटोकॉल डाउनलोड करता है वह तिथि तक किए गए लेनदेन की जांच कर सकता है। एक खुला खाता है जो दुनिया में किसी के द्वारा भी पहुँचा जा सकता है।

4) दोहरा खर्च: बैंक लोगों के बचत के पैसे को उनकी जानकारी के बिना खर्च करते हैं जो एक तरलता मुद्दा बनाता है। हाल ही में, भारत ने कई बैंकों को लोगों को अपनी बचत निकालने की अनुमति नहीं दी है और निकासी वापस ले ली है। पैसा खर्च करना जो वहाँ नहीं है या इसे फिर से खर्च करना दोहरे खर्च का मूल है। ब्लॉकचेन इस समस्या को हल करता है, क्योंकि यह आपको एक बार लेनदेन करने के बाद अपने साथ पैसा रखने की अनुमति नहीं देता है। इसका मतलब है कि एक बार जब आप एक लेन-देन करते हैं, तो आपके खाते से उतनी ही राशि काट ली जाएगी और अन्य खातों में दिखाई जाएगी और आप वह खर्च कर सकते हैं जो वहां नहीं है।

5) एसेट: एकमात्र विश्वसनीय संपत्ति आज की दुनिया में सोना है। जब दुनिया का वित्त कार्य कमजोर होता है और मुद्रास्फीति की मुद्राओं के कारण मुद्रा की कीमत कम हो जाती है, तो बिटकॉइन एक सही समाधान प्रदान करता है क्योंकि यह एक प्रशंसनीय संपत्ति है जो अल्पावधि में नहीं, लेकिन निश्चित रूप से लंबी अवधि में होती है। 2009 में बिटकॉइन का कारोबार 0.06 USD था और अब यह 9,000 USD पर कारोबार कर रहा है। आप यहां गणित कर सकते हैं।

बिटकॉइन कैसे खरीदें?

बिटकॉइन को या तो एक्सचेंजों द्वारा खरीदा जा सकता है या खनन के माध्यम से कमाया जा सकता है। खनन बिटकॉइन अब महंगा है क्योंकि इसमें एक शक्तिशाली कंप्यूटिंग सिस्टम और बहुत अधिक बिजली की आवश्यकता होती है। एक बिटकॉइन खरीदने का सबसे अच्छा तरीका व्यापारियों के माध्यम से है। कई व्यापारी आपको बाजार मूल्य पर बिटकॉइन खरीदने की अनुमति देते हैं। भारत दुनिया के सबसे बड़े बाजारों में से एक है जो अभी भी अप्रयुक्त है। आप भारत में निम्न प्लेटफार्मों से बिटकॉइन खरीद सकते हैं।

1. वज़ीरक्स: भारत में बिटकॉइन खरीदने के लिए उपलब्ध सबसे अच्छे ऐप में से एक। युवा लोगों की एक अद्भुत टीम के नेतृत्व में इस स्टार्टअप ने पूरे प्रतिबंध के दौरान बिटकॉइन खरीदने के लिए पी 2 पी मनी ट्रांसफर का एक अभिनव समाधान पाया। एक आसान प्रक्रिया और महान ग्राहक सहायता को भर्ती करना यह एक अच्छा दांव है। आप Google Play store & AppStore से WazirX ऐप डाउनलोड कर सकते हैं। बिनेंस द्वारा वित्त पोषित किए जाने वाले भारत में केवल स्टार्ट-अप। इस क्षेत्र में वैश्विक नेताओं से उच्च संबंध के कारण। वज़ीरक्स भारत में बिटकॉइन खरीदने के लिए सबसे अच्छी जगहों में से एक है।

2. जेबपे: ज़ेबे क्रिप्टोक्यूरेंसी में बाजार का नेतृत्व कर रहा था जो प्रतिबंध से रुका हुआ था और इस कारण से भारतीय बाजार में इस विनिमय को बंद किया गया। हालाँकि, संचालन बंद होने के बाद भी, उनकी ग्राहक देखभाल ग्राहकों के प्रश्नों का समर्थन और हल कर रही थी, जो मुझे लगा कि उनकी नैतिकता है। भारत में बिटकॉइन खरीदने के लिए एक महान ऐप।

3. Unocoin: वज़ीरक्स की तरह ही Unocoin प्रतिबंध के दौरान दूर रहने में सक्षम था और अब मजबूत हो गया है। Unocoin के पास एक मजबूत कोर टीम है और समय और फिर से यह उपयोगकर्ताओं को आकर्षित करने के लिए शानदार ऑफर देता है।

इन ऐप्स में सीमित क्रिप्टोकरेंसी हैं। हालाँकि, यदि आप कुछ होनहार क्रिप्टोकरेंसी चाहते हैं तो आपको यह पोस्ट पढ़नी चाहिए। भारत में Cryptocurrency कहाँ से खरीदें।

क्या बिटकॉइन सुरक्षित है?

सरल शब्दों में, बिटकॉइन बहुत सुरक्षित है कोई भी इसे आपसे तब तक नहीं ले सकता है जब तक कि वे आपकी निजी कुंजी को हैक न करें। यहां ज्यादातर लोग दिव्यांग हो जाते हैं। बिटकॉइन वॉलेट उत्पन्न करने के बाद, आपको एक यादृच्छिक सार्वजनिक कुंजी और निजी कुंजी आवंटित की जाएगी। आप चाहें तो इसे अपने द्वारा उत्पन्न कर सकते हैं। सार्वजनिक कुंजी आपका पता है जिसके साथ आप बिटकॉइन प्राप्त करते हैं, यह सभी को दिखाई देता है; जैसे आपकी ईमेल आईडी और निजी कुंजी जिसके माध्यम से आप लेन-देन करते हैं, उसे पासवर्ड की तरह व्यवहार करें। आप बिना निजी कुंजी के अपने वॉलेट से बिटकॉइन नहीं भेज सकते। इसके अलावा, ध्यान दें कि आप जिसके माध्यम से खरीदते हैं और बेचते हैं, वह केवल सार्वजनिक कुंजी तक पहुंच के साथ होता है। अपने बिटकॉइन को सुरक्षित रखने का सबसे अच्छा तरीका यह है कि आप इसे किसी सुरक्षित स्थान पर कोल्ड स्टोरेज (एक ऐसा उपकरण जो इंटरनेट से जुड़ा न हो) में रखें। चूंकि बिटकॉइन का कोई भौतिक प्रतिनिधित्व नहीं है, इसलिए आपको किसी स्टोर या सुरक्षित स्थान के मालिक होने की चिंता करने की आवश्यकता नहीं है। जैसा कि सब कुछ एक छोटे से उपकरण में आयोजित किया जा सकता है जितना कि आपकी पेन ड्राइव।

आपको कुछ बिटकॉइन के मालिक क्यों होना चाहिए?

एक खरीदार के मन में कई सवाल होंगे। किसी को क्यों खरीदना चाहिए? यह मौजूदा सिस्टम से कितना अलग है और इसे समझना मुश्किल है। ऐसे सभी प्रश्न मान्य हैं।

इसे इंटरनेट के बाद सबसे बड़े नवाचार के रूप में देखा जाता है, जबकि इंटरनेट से जुड़े विश्व और बिटकॉइन दुनिया को आर्थिक रूप से जोड़ देंगे। यह लोगों को सबसे भरोसेमंद और कुशल फैशन में शक्ति प्रदान कर रहा है।

लेकिन, 1990 की कल्पना करें जब कंप्यूटर अभी-अभी आए हैं और ईमेल भेजना परीक्षा देने जितना ही कठिन था, फिर भी वर्षों बाद हर कोई इसके साथ सहज है और दैनिक गतिविधियों में इसका उपयोग करता है। यह उपयोग करने में मुश्किल लग सकता है लेकिन एक बार जब आप इसे पकड़ लेंगे तो चीजें सुचारू हो जाएंगी।

डिजिटल युग में एक और महत्वपूर्ण बिंदु यह है कि जब सब कुछ ऑनलाइन होता है तो एक डिजिटल मुद्रा का होना आवश्यक है जिसे इंटरनेट पर स्थानांतरित किया जा सकता है।
जब मुद्रा का अर्थव्यवस्था पर मुद्रास्फीति पर प्रभाव पड़ रहा है, तो एक अपस्फीति संपत्ति का होना जरूरी है। यह गिरती हुई मुद्रा के मुकाबले एक सुरक्षा उपाय हो सकता है।
बिटकॉइन की कीमत मांग और आपूर्ति पर आधारित है। किसी विशेष कीमत पर बेचने के इच्छुक लोगों की ऑर्डर बुक और उस विशेष मूल्य पर खरीदने के इच्छुक लोग कीमत निर्धारित करते हैं। 2009 में 1 बिटकॉइन की कीमत 6 सेंट और 10 साल बाद यह लगभग 9,000 यूएसडी थी जो कि 10,000% की बढ़त थी।

जिस बिंदु पर आप में से अधिकांश इस पोस्ट को पढ़ रहे हैं, मूल्य प्रशंसा अगर बिटकॉइन उच्च तक पहुंचती है, तो यह माना जाता है कि सबसे निराशावादी कीमत की भविष्यवाणी की गई है 1,00,000 USD और वर्तमान में, बिटकॉइन का मूल्य लगभग 10,000 USD है। अभी भी 10x का लाभ आने वाले वर्षों में कार्ड पर है।

Best Sites To Buy Bitcoin In India 2020

July 6, 2020August 29, 2020 AnandPatel

Bitcoin is a peer to peer currency without any central entity looking after it. Even after the Supreme Court of India decided to allow cryptocurrency business to function normally, things have still not picked up the pace mainly because of clouds of uncertainty over the future of cryptocurrency in India. Many people fear that the government will again react harshly. Last time the government responded by banning banks working with cryptocurrency trading firms & froze bank accounts of users who transacted it. However, the dust has settled for now & many startups are slowing coming up the rank. Blockchain is revolutionary in many fronts & India with a massive population & ground-level problems; blockchain just might be the solution it was looking for. Considering there are hardly any well-organized sectors some of them area banking, land records, remittance, etc. While many banks doomed with people lifetime’s of savings & fake land records have posed problems in working. All the sectors that require a third party surveillance can be made efficient with blockchain which even though is trustless is more efficient than the traditional method. Bitcoin is already proven effective in the financial system & it is growing & growing fast. Many countries are now jumping into Bitcoin wagon & it is a matter of when not how this will be gold in the coming years. So, not buying bitcoin at this time will be the biggest mistake anyone can make. Below are some of the sites that allow buying Bitcoin in India.

So, don’t wait for your financial freedom & jump into this bandwagon. Buying Bitcoin is always a risky affair, so user discretion is required.

1. WazirX:

2. Zebpay:

Zebay was leading the market in cryptocurrency which was halted by the ban & that lead to the closing of this exchange in the Indian market. However, even after the close of operations, their customer care was supporting & solved the queries of the customers, which I felt was their ethics. One of the great app to buy bitcoin in India.

3. Unocoin:

Unocoin just like wazirx was able to stay afloat during the ban & now have come stronger. Unocoin has a strong core team & time & again it gives great offers to attract users.

4. Local Bitcoin:

Local Bitcoin allows you to buy from local sellers. The price of 1 bitcoin on this platform is usually on the higher side if compared to other exchanges. However, as this is a peer to peer service you will have to keep your bitcoins by yourself as this platform will not provide any wallet to store your bitcoins.

5. Coinbase:

6. Binance:

7. Kucoin:

Kucoin is not as big as Binance but is still useful in trading cryptos. As not all cryptos are traded on each platform & most of the altcoins start with few paisas & reach to few hundred bucks if flourish. So, finding real gem early & holding them is the key. Kucoin also has an option of staking. So, another opportunity to earn some passive incomes.

Is Cryptocurrency Legal In India?

These are the sites where you can buy Bitcoin in India. You need to link your bank account with the exchanges & buy the Bitcoin . This will be as easy as it will ever get. At present, the price of 1 Bitcoin is around Rs 7 Lacs. But, you don’t have to buy the whole lot, you can buy it for as low as Rs 1000.

PS: Some people have predicted that the Bitcoin price will reach 1,00,000 USD in the next couple of years. So, buying at this time is not late enough yet. But, invest at your own risk & only invest those amount that you are willing to lose. Till the time allows,don’t waste & use these sites to buy bitcoin in India in the year 2020.

Before signing off. There are lots of dark clouds around cryptocurrency in India. Many people wonder if cryptocurrency is legal in India? As mentioned in the above lines, trading in cryptocurrency was considered as an illegal activity just a few months back. However, after fighting a long battle in the Supreme court of India. The verdicts came in the favor of crypto enthusiasts & there was no looking back. At the present moment, trading cryptocurrency is not illegal in India & all the platforms that are offering cryptocurrency trading firms are proof of that. The booming market of India is in the limelight & as per the recent articles, the P2P market in India is tripled. That is huge news for the Indian ecosystem. As it shows people are finally opening up to this technology. Like the world, India also doesn’t want to stay behind the curve. So, this has poured a lot of crowd to this unchartered space, after the supreme court favorable decision.

The exchanges mentioned above are some of the best exchanges at the present to buy, sell & trade thousands of cryptocurrencies in India. Some of the projects are really important & can change the world. There are many cryptocurrency scams on youtube, Facebook & Instagram. So, it is highly recommended to research before investing in the cryptocurrencies in India. There is a huge upside to the gains, however at the same time, there are huge losses. So, doing thorough research is a must in this industry. Many people fall to scam for quick gains. But, this is not the way to go. Like stock markets, this game is also risky & you can lose almost 99% of your wealth if you are not aware of the fundamentals. Bitcoin is one of the most trusted & most valued cryptocurrency of the world. Almost all the fund managers have advised holding some portion of bitcoin as a hedge against all the other assets used in the trading. Bitcoin is certainly one asset, that you should be aware of & own. However, there are plenty of other fishes in the ocean. So, you can choose them & buy from the above exchanges based on your interests & capacity.

Why You Should Choose Brave As Your Browser?

June 12, 2020July 16, 2020 AnandPatel

Brave browser is the latest browser which is very promising. Brave is here to challenge to Chrome & Mozilla, both of which have a great user base. But, one point that differentiates between all other browsers & Brave & it is privacy. Brave browser doesn’t hold your data like many other browsers & even doesn’t share it with other websites. It is like a plane slate you write something & next time you visit it, the things will start from scratch. It is not new that websites capture the data & sell it to the advertisers. This has made a real mess & to solve this growing problem Brave is the next logical option as a browser.

Some of the best characteristics of using Brave as your browser are as follows:

Block ads and trackers:

If you visit any website, the most common pop up that arrives is some permission, there are tonnes of things that will be asked while visiting a website & after some point in time it gets irritating & frustrating. The brave browser will shield you from all this nonsense & will give you great user experience.

A faster internet:

The brave default setting is to shield you from every ad & tracker because of which the loading time is faster & there are no pop-up windows. As per their website, the Brave browser opens 6 sec faster than Chrome & Mozilla.

Browse much more privately with Tor:

Brave uses the Tor network. Tor not only hides your history, its route through several servers before reaching destination URL totally encrypted & not only hides your history but also masks your location from the sites. This helps you to stay anonyms.

Earn tokens for browsing:

You must have hardly heard of anyone paying you to watch some ads or browse. Brave pay you in BAT token, a cryptocurrency. You can set the number of ads you want to watch per hour & based on your interest you can choose the options.

Tip and contribute to websites directly through Brave Rewards:

Brave pays you in BAT token. These tokens can be redeemed or transferred or given to other publishers for their works. BAT value changes with the crypto market. So, if you are connected to the internet & browse a lot. This will help you to earn some extra commission & can be a passive income to you.

So, these points should be enough to fall in love with the Brave browser. Brave is one of the most promising blockchain projects currently active.

Exchanges Supporting BAT Tokens

1. WazirX
2. Coinbase
3. Binance

These 4 Countries Will Give You Financial Help On Your Trip

June 7, 2020June 27, 2020 AnandPatel

Who would have thought that countries will give financial support to the travelers who are willing to travel to those countries after COVID 19 pandemic? But, you will be surprised to know that there are few gems who are willing to do this. Many countries are opening not only their borders but will also their wallets. They will pay you or help you on your trip to boost tourism. Due to this widespread virus, the economy of the almost whole world is in devastating condition & with no immediate relief on the sight. This step could boost its financials. Traveling has always been one of the luxurious expenses in a person’s life. So, without wasting any more time, here is the list of countries that will offer some financial assistance to travel.

1. Japan

Japan is the land of rising Sun & is known for its fabulous hospitality. Japan has some of the best natural attractions in the world & who has not fantasized about clicking a photo in front of snow-capped Mt Fiji? If visiting Japan was your long time dream, your dream is about to get fulfilled. Japan Govt is proposing to pay half of the flight tickets. Not only this they are also planning to subsidize attractions substantially. However, there is no clarity as now. The guidelines are expected to come into effect from Jul 2020. So, if everything is formulated then Japan will see a surge in the tourist numbers.

2. Sicily

Sicily is the largest island on the Mediterranean sea. It is known to lure luxury travelers with their unmatched beauty. As per the reports, Sicily Govt will cover 1 night for every 3 night at the hotel along with the free entry to museums & archeological sites. This is not all, they will also cover half of your flight ticket cost.

3. Mexico

Mexico is more than its tequila, Cancun is a famous destination in Mexico who is looking to ramp up its tourism by offering great deals on stay. Cancun hotel association has decided to give 2+2 on hotel deals & many more lucrative offers on car rentals, spa services & flights as well.

4. Cyprus

Cyprus is not exactly allowing any freebies. However, they have mentioned that if you or your family gets infected with Corona Virus. They will fund your trip. However, getting infected for getting freebies is not a wise option to take. Cyprus is a famous tourist spot for Britishers.

5. Bulgaria

Bulgaria is in European union, it is also one of the most affordable places in Europe & yet under the radar. Some beaches along with their amenities are set to become free to the tourists.

So, until this coronavirus vanishes from the face of the earth. Be safe & sound & take all the necessary precautions. I am sure this post will help you decide on your first destination after the coronavirus.

Bitcoin Halving

May 6, 2020June 27, 2020 AnandPatel

Bitcoin is a decentralized peer to peer digital currency. As per the whitepaper, there will be only 21 million bitcoin ever in the world, which is the reason that it is scarcer than gold (total supply of gold is not known to anyone). Bitcoin is one experiment that is successful & it has been alive for a decade & seems it will last much longer than earlier predicted. The value of an asset is determined by the scarcity of the asset. The beauty of bitcoin is that it has been designed in such a way that nobody can inflate or deflate the value, which is unique in terms of currency.

A mathematical code takes care of supply, mining, etc & there is one beauty in this code. Every 4 years the reward for mining a block is reduced to half. This will continue until every bitcoin is mined (somewhere in the year 2140). This is the third bitcoin halving event which is predicted to happen on 12 May 2020. The starting reward was 50 bitcoins, 4 years later it was reduced to 25 bitcoin & after 12 May 2020, it will be 6.25 bitcoins.

Bitcoin halving is a popular event among the visionaries. There is a lot of speculation after this bitcoin halving & many of them say the price will rocket to the moon. But, that is unpredictable nobody knows where the price moment will shift. It can go either way, so don’t ride that wave. Buy Bitcoin, not for some quick buck. But, for the opportunity, it will give you against all the inflation, currency fluctuations, etc. Since the inception, the price of Bitcoin moved from 0.02 USD to 9000 USD you can do the math of profit. So, if anyone saying buy now & sell them after the halving is not good advice at all. Always do your research & try to find logical reasons behind it. There is still some time left for Bitcoin Halving & in a few days we will come to know about the price moment. So, keep a close eye & ride the wave.

Be True To Yourself

April 26, 2020June 27, 2020 AnandPatel

Life is one white canvas on which you can paint anything you want. However, the problem is we forget that it’s our canvas. With education, social circle & social media, & all the distractions, we get tangled in the race to prove something or create something or somehow be in the center of attraction. So, we align our stuff in those lines, the lines which are created by someone else & which may or may not be ideal for you. Being aspired by someone is one thing, but having a deep interest in that particular skill is all the difference between surviving & living. If you are truly living it, you will be willing to go deep down into the subject, & also you will be willing to do it without any prize attached to it. So, the love towards the process remains intact & the result is just the substitute product of your efforts. There is one more thing that comes with loving the process, it can help you to innovate something unimaginable that has not been done prior. So, when so many things are at stake, it becomes really important to choose the path that you like & not follow the path that someone else has chosen for you. You should give your self foremost importance.

Often people are told what they should need to do which is primarily based on their analysis for that person. But, hardly anyone thinks according to the people whom they are giving advice. Everyone gives advice which is according to them is best for the other person & that other person without giving second thought follows the advice. I feel we are not tuned to make our decisions, we always rely on the others to make correct decisions for us. This maybe the reason we are not wholeheartedly into that thing & if we are not wholeheartedly into a particular thing, the seed of sadness & frustration slowly grows in our mind without our acknowledgment. This sour seed will grow into a massive tree of resentment & guilt over the period if not treated. Another point could be the future that we perceive. We are constantly thinking about the future & in that fact, we forget the simple fact that the present is all that matters. Being 100% present in the moment will open the doors to bliss & fulfillment.

Every decision we take is based on future repercussions. Our wishful thinking makes us believe that the world will there forever, without realizing that we have limited time on this planet. Many people have sailed through life without realizing that they will be living just for once. But, it’s never a simple decision to make. There are many hurdles while making decisions, maybe we are not confident enough or educated enough to figure out our current situation. We are not sure if the decision we are making is based on short term gain or long term gain. This is the toughest decision you will ever make & this is what will determine your future. However, the bottom line is that you will never get to know how the outcome will be with either of the decisions you make. No roadmap can help you get to your desired result which makes it unpredictable even if you have all the information available, life is so unpredictable. So, no matter what you do or what path you pursue you will be always be surprised. This doesn’t mean you should not have any goals. Goals are the guiding light to your life but reaching the goal should be the last thing in our mind. We should prepare ourselves to the best of our capabilities to reach our goals, but happiness should not be complementary with your goals it should be independent of it.

Not everyone is happy with their current situation. Somebody is stuck at a wrong job, with the wrong person, wrong place, or millions of other wrong things. But, we only think about “IF”. The mighty If, which doesn’t allow us to make concrete decisions as we are busy making several hundred case studies in our mind, most of which are negative & ultimately doesn’t allow us to pursue that. We make imaginary situations & results in our mind, forgetting that we actually need to live it to really experience it & without realizing the fact that result can be completely different from what you might have thought. However, fear of failing is fatal, the same society which is supposedly there to support during tough times will tear you down once you take one wrong step, your colleagues will make fun of you for not choosing the path chosen by the herd if you are not able to successfully complete the path you chose, all these things doesn’t make things simpler by a bit. In fact, it makes it tougher & because of peer pressure, we decide not to go with it. With so many external factors dictating our mindset, we forget what we love doing something, something that completes you & something that makes you a living being not just a being. So, we continue to pursue what we may or may not like & this may result in permanent sadness, stress, or any other problems you can think of.

This phenomenon is explained in many movies, series, books, etc. The interest of doing something is like a goal that nobody else can see except you is basically a plot of most if not all the underdog movies. Every underdog movie will celebrate this unique feature of the few, the only reason I can think of is they want you to believe in yourself for the once & start doing what you want to do. Some would say, I can’t do it for some x,y,z reasons which may be true as well. But, if something is really important you will find time to do it. Don’t waste time scrolling Instagram, browsing Facebook but to utilize the same time to hone your skills. This is the best time to follow what interests you. Not necessarily to leave everything behind & jump into the sea. But, to cover all the bases before deciding what you need to do. This white canvas is yours & you should be able to decide what color you want to paint on it. Don’t let anyone else choose paints for you. You will probably take birth for one time only & it is better to utilize to best of your capabilities. You don’t need to impress anyone, you just need to live the life you want to live, without any judgment, without any guilt & without any burden. If you are true to yourself, you will be true to others & you don’t need to hide or pretend anything that you are not & you can save all that energy to do something worth doing, not for the world but to you. On that note, I feel this post will help you find your mojo & even if you are not able to find it, don’t worry about it. Be true to yourself & do stuff that you like to do. Not everyone can have the same destiny, you will have to travel yours. So, rather than seeing the destination as a complement to your happiness choose able to walk on the path to greatness as a complement to your happiness. Just remember reaching the goal is just as important as walking on the path of your goal.

Thoughts While Hiking Solo

April 12, 2020April 14, 2020 AnandPatel

Doing a solo activity is always a tough task, Andrew Agassi said in his biography, Open; that tennis is one of the loneliest sports in the world. From the moment you step into the court you are disconnected from the world & from there on, it is you & your decisions throughout the match. Apparently, which is true. Making decisions in real-time can be tough & hard & probably that is the reason which makes great players. A great player can control his or her emotions & can stay on the top of their game compared to their peers.

Yet, unlike tennis where there are hundreds of spectators watching your every move, cheering you & motivating you. Hiking is a solo & lonely affair. For the starters, there are no spectators & one step can terribly dampen your spirits. While every other solo sport takes this thrill of death from the moment due to the availability of medics, crowd & other help (that does make it a little less risky than hiking). Hiking check all these points that make it thrilling & dangerous at the same time. So, here are my experiences while hiking solo at some of the places lesser-known to me, a place where I went for the first time.

I am not an active hiker, but I have hiked a bit. From hiking solo in Mount Huashan to Lion’s head I have completed a few of the hikes that too solo. Every time I start with a hike, there is a sense of excitement, thrill & fear of mishappening. Hiking is very uncertain, many external factors complemented with the thoughts dictate your experience of a hike. With each passing minute, many thoughts will cross your mind from past to future, to holidays, to love, to the sport, to random events & whatnot. It is hard to control the mind amidst when there is silence on the outside. Hiking requires an alert, doing anything for the first time releases the dopamine in mind that is the reason for your happiness & one of the main reasons to hike. Although it seems to be simple, however uncertain external conditions make it challenging, something you were not aware of, sudden rain, a fear of the wrong step, slipping at the wrong place, walking the wrong path, etc. There are so many things that can ruin the moment which can’t be determined beforehand. Some things have to be kept for the chance & as some wise man has said,” while driving on the highway at night, you only have to see 3 mts ahead of you & rest will follow”. On the same line, you have to take few steps at a time & then think forward.

While hiking, you have to take care of yourself which goes without saying. Hiking a random place with no prior experience will only make it tough & it becomes the priority to take care of your self. While hiking, a lot depends on your intuition, the intuition plays an important role while hiking solo. I trust my intuition more than often than not. After preparing for the hike, the only thing left is to make that hike & stories of your hike.

The starting point is always exciting, the views & there is something rememberable that supersedes all other expressions. With each passing step, the view becomes more memorable, unique & slowly the happiness of hiking a new place starts to sinks into the mind. But, before reaching the top, many other landmarks need to be crossed, some in the path & some in the mind. The funny thing about hiking solo is infinite thoughts, that come in the mind with each passing view. Each view will trigger some story in your mind. The story can be relevant or irrelevant it doesn’t matter because it is nonessential in the context of the things.

Most of the hikes have easy parts & tough parts. Let’s begin with easy parts, the easy parts are simple & can be completed easily by anyone. The normal walk is hardly a concern for anyone, just put on the headphone & walk while enjoying the pleasant surroundings. Each view will take you to some memory lane. The beautiful sceneries, fresh air, sound of leaves rattling, etc all will amaze you to the core. You will be astonished by nature & would often criticize yourself for not enjoying these precious little moments. The deeper you are in nature the more clear your thoughts get & sometimes all the glitters of the world seem to be vague & irrelevant when in such an environment. The happiness of enjoying life as pure & raw which is hard to fathom. The reason for enjoying nature is you don’t calculate the time you passed in nature or how much is left, you are in that present moment which is the only thing that matters. There comes a point when your thoughts leave you for the good & then there is nothing left other than your surroundings. This stage is what we are craving for but with so many noises in our mind, we are always miles behind that point. People have tried many ways to reach this point some use meditation, some use sports, some use adventure & some use passion. If one reached that position where they can enjoy the present moment, respect them. They are part of a rare breed.

The tough part is pretty amazing, adventurous & full of surprises. Every step you take determines the rest of your journey. The tough part usually comprises of slippery slopes, dreadful stairs, or something not experienced before all those thrills that give a sense of achievement after completing it. It is not always about the external factors like the path you walk, but sometimes its small battles in your mind. The tough path does test you alot, whether stepping up or stepping down you have to be sure about your next step if you are not then things can take an ugly turn. This is the beauty of the tough phase, there is always uncertainty about the next step, but everyone is certain that they have to make one. So if some unfortunate incident happens with you, suddenly every nerve in your body will worry about that problem & will forget surroundings in a fraction of seconds. The same surroundings which looked beautiful as heaven becomes bleak & the focus shifts from surroundings to that incident. We keep on thinking about it till we are comfortable with the fact that something has happened with us & completely ignore nature. In other words, we think more about the internal factors than the outer once & internal factors can change about how we look outer things.

So, a hike is like a summary of life unpredictable, unreliable & seems to be in control but not really is. A hike perfectly depicts, how things are during the various stages of life & how it affects your perspective. Read more about my travel stories here https://www.markmyadventure.com/