With so many new blockchains coming on a daily basis, do you think there will also be a time when government will decide to open a public blockchain ? If yes, would they prefer to operate identity based blockchain or something else ?

If governments own identity based blockchain, government will be able to monetize this data and help the world become tax free ? Anyways people are talking about 'basic universal income' in the world of Artifical Intelligence (future).

Do you think that instead of asking taxes from public, government will give them the money in return of their basic data to be stored on the blockchain ??


Afterall, what sense does it make in the current system if someone goes to a bar and shows a driving license ? The bartender doesnt needs to know your address - on the driving license.. He just needs to know whether you are 18 plus or not... May be he can just run a check on government based blockchain in future?

That is because bank A has no USP as compared to Bank B as of today.. But, in future in banks accept crypto, the banks could be different from one another and easily distinguishable.

That one country has population that is more than 10 countries combined : )

Between, the supreme court case for the RBI crypto ban hearing is today ... So we will get a decision by today

Can Hackers go out of business with Identity Management on blockchain ? Portable Identity


Hackers will never reveal the details using cryptography and might go out of business by letting blockchain lowering the uncertainty on the users on the internet. What do you guys think ?

There is new technology institution that might change the way people exchange value...

As humans refine ways to lower uncertainty in trade, we end up defining new ways and rules of the trade..  How do you see Blockchain will change the rules of the trade- with it be with cryptos or without cryptos ?

What is the probability that this news is fake and the news came out just to spread a good news which ultimately might help increase the price ?

Isnt adoption directly related to network growth ? And network growth directly related to increased intrinsic value of the underlying asset, which in turn would push the price to the moon : )

With RBI reversing its crypto ban in India or changing statements to consider it as a commodity, do you guys think India could push the price to the moon ?

Your argument is flawed because of the below reasons.


The above is not true.. If x amount of people are invested in bitcoin, and they all decide to HODL, the price will remain stable until more supply is created.. Till the time supply is fixed, and everyone is HODLING, the demand is neither increasing nor decreasing against a fixed supply... Now, you might argue that bitcoin supply will increase with time.. To counter that supply you will also have to take into consideration that there will always be some newbee somewhere in the world who would want to buy into bitcoin , thereby increasing the demand...




You can buy and sell to gain profit for yourself, but lets understand that bitcoin will not rise in value because of your buying or selling.. Bitcoin is a network ! And when do networks become more valuable? When more and more people join the network.. Think for example about a mobile phone. If only one person has a mobile phone in this world, will that phone be valuable ? No... Why? because he cannot call anyone from his phone ! Suddenly if one more person buys phone, now that the value of your phone suddenly increases because now you can make a call to the person who just bought a mobile phone... Increase this number to the number of people on the network (having mobile phone), and you realize that value of the network lies in the number of using deciding to stay on the network (HODLING) !

If you have any questions, let me know.. I give one on one bitcoin consultations too :p

This is the good news for everyone who is transacting small amount of bitcoin because much less fee and we can any amount we want. also peoples can do more transactions really its helpful for everyone, but one problem is if peoples do higher transaction then its take more confirmation time on blockchain.

bitcoin is not safe on exchanges because hackers can steal bitcoins from there and if we wanna keep our bitcoins safe then we need to use hardware wallet like trezor. in trezor we can hold bitcoins and many other cryptocurrencies, also if we wanna do trade on exchanges then we need to put those bitcoin which we afford to loose also blockchain know for its heavy security but many hackers can hack bitcoins.

If crypto currency ban in India then we can withdraw our money with Wazirx.com exchange also we can sell our bitcoin on local bitcoin.com to Indian seller. this is the possible way to withdraw our money but still Zebpay is giving withdrawal and RBI already say investor can invest on their own risk.
but finally in my opinion they charge more tax on bitcoin.

bitcoin mining is costly because need more power supply and expensive equipment's like GPU and also need  Software. but many people are doing this because mining is costly but give guaranteed income compare to trading bitcoins and other currencies on exchanges also mining is not for everyone. if u are ready for high costly equipment's then u can otherwise not.

When i think about bitcoin then in my mind  come only one currency bitcoin. because i like this currency very much and i am impressed because its price many peoples like this currency. IF we talk about about Dollar v/s bitcoin then bitcoin growth is much higher then Dollar already bitcoin  give much profit many investors.

Buddy one thing i told u bitcoin is not a scam peoples is scammer. if we know peoples properly who is successful in bitcoin business like trading and and investing on right place then we can make profit. in pyramid, revenue share schemes and their owner are scammers they collect peoples money and run.
because in initial days they give u withdrawal and then shut down their business.

i also bought my first bitcoin in 2016, that time bitcoin price was low as comparison today that time i did mobile recharges with my bitcoins with zebpay app in India, also i invested in many sites like revenue shares and people scam me. but really i am still emotional with bitcoins and really love bitcoin.

if Ur country is banned bitcoin they only banned exchanges or wallet that are running in Ur country u can contact sellers of Ur country on localbitcoin.com and trade bitcoin there and hold Ur bitcoin on exchanges like bittrex, poloniex,binance also u can trade on these exchanges and make profit.

buddy u did great move bcs your investment on bitcoin. give ur uncle very good return and defiantly they like it when they get good profit from Ur wise decision bcs now market is down and defiantly in few days market move will be high like recent. i also did my investment in bitcoin when it was 700$. so keep it up learn and earn.

crypto currency future is so bright and in upcoming 5,10,15 years our all transactions made by bitcoin and other crypto currencies becauses these days many websites and stores also accepted bitcoins. also we can purchase goods, people love this currency and in future this currency replace paper currency overall its future is bright.

I would love to see mysefl getting into crypto full time