Rohit Narnoli - Man of his Own Image!

“ Beware buyers ”, warns US regulators of bitcoin’s dangers, that surged by over 1700% this year. Bitcoin is like the musical chair game. Everybody knows that music will stop and there will be people left out with no chair to sit on. Still the game is a thrill! Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator ( Wikipedia ). Many of us might have heard about Bitcoins after it was acquainted with most notorious nature. For an ordinary person, who does not understand what Blockchain Technology is or how it works, it is the magical elixir to multiply ones money manifolds. In 2010, ‘ SmokeTooMuch’ unsuccessfully tried to auction 10000 BTC for $50. And today one might be shelling out millions of dollars for the same. As a fact, had one waited for 7 years, he would have been richer than Bill Gates now. However, this was not as simple as the mainstream media wo...

From the midnight of November 9, 2016, lives of 1.25 Billion people have changed to a great extent. The government have decided to demonetize the high denomination currency of Rs 500 & 1000. Although this decision has left everyone flabbergasted, people have accepted it with open hearts. They have probably realized that it is a step towards cleansing Indian economy. Many years down the line, they will have a story saying that they were part of this historic moment. The decision could also be seen as a step towards fulfilling one of the electoral promises made by the current NDA government.  The word demonetization is like a new vocabulary, hurled at a common man, one fine day. All that they understood, is that they need to get their hard earned money exchanged in the bank within the next 50 days. To clear the air, it is important to understand why any government take such step. Any government can act likewise in the following situations: 1. When the percentage of high d...