Cryptos N Coffee

 Bitcoin, Cryptocurrencies and Blockchain  Q. What is Bitcoin ? A. Bitcoin is a form of digital cash / currency / asset coded in computer language. In other words, it is a computer code. There is no central authority / bank which controls it like in fiat currencies which are controlled by the central bank of any country. Financial system of Bitcoin is run by thousands of computers distributed around the world forming   an eco-system   where anyone can participate in decentralized manner. Bitcoin is the king of cryptocurrencies and first one of all cryptocurrencies in market. It was announced in 2008 and launched in 2009. Users can send and receive digital money (in form of bitcoin or cryptocurrencies) to anyone, anywhere / from anyone, anywhere without the involvement of any bank or financial institution and that is with in minutes.   Bitcoin is decentralized, censorship-resistant, secure , and borderless. It was launched in 2009 by an individual or gr...

Crypto Banks Vs. Traditional Banks   Hi Friends,   I hope you must have enjoyed reading my previous article on “Cryptos & Blockchain Vs. RBI” in my blog & linked in . Being revised here for a while, I had mentioned about the “Regulatory aspect & not the Banning aspect” to be looked after by the Indian Govt., on 19.05.2021 there is a news from the Govt. Circles that Govt. Has set up a Panel of experts to look in to the Regulatory aspect instead of banning it. I talked about the arrogant behaviour of RBI towards Cryptos and this report clearly shows about my positive opinion.   Now, please enjoy my next article “Crypto Banks Vs. Traditional Banks”. Crypto Banks Vs. Traditional Banks A Banking system is a network of financial institutions where one can deposit and withdraw money.   To understand this article, let’s understand the terms : Crypto banks, Traditional banks, Blockchain banks based on blockchain technology, Crypto wallets, etc.... Cry...

  Cryptos & Blockchain Vs. Reserve Bank of India Hi Friends !!!   Great Suspense !!!   ü    What RBI will do with Indian Crypto Industry ? ü    What Govt. Of India will do with Indian Crypto Industry ? ü    Who will win – Indian Crypto Industry or RBI ?   “All these billion dollar questions”............   Look at the attitude or say behaviour of RBI towards Crypto currencies specially private crypto currencies. In the entire World only RBI has given a distinct name to crypto currencies  - Private crypto currencies and Public crypto currencies, otherwise every one recognises it as crypto currencies operated under different blockchains and CBDC (Central Bank Digital Currencies). RBI says crypto currencies which are not issued by or owned by Central Bank of India (RBI) are all private crypto currencies and such currencies should be banned from operations. This regulation is included in the Bill pending in the Indian Parli...