BITCOIN WILL DO TO BANK, WHAT EMAIL DID TO POSTAL INDUSTRY......

This statement completely make sense as now a days lots of computer user are aware of email procedure that has dissolved the postal culture from the society like this ,the coming generation they are also getting some what getting inclined towards this new type of digital currency that is a making a possible room for himself for the future of all types of currencies ... India has been looked as one of the nations that would shape Bitcoin’s future in the coming years.

Bitcoin is merely another method of spending money with another person that has a Bitcoin Client as well. If more people just use Bitcoin then there wouldn't be any need for the companies that work in-between Banks and Customers/Businesses because people could just spend their money whenever they please if they have it already with them.

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Will it be possible that if Blockchain Technology can remould Global Payments System?

Payments are synonymous with a transaction that is guaranteed by a central authority which can be a bank, a payment wallet or an escrow service. Keeping the chronological timeline under consideration blockchain happens to be at the helm of technological advancement in the financial domain. A block is the ‘current’ part of a blockchain, which records some or all of the recent transactions. Once completed, a block goes into the blockchain as a permanent database. Each time a block gets completed, a new one is generated. “Blockchain technology continues to redefine not only how the exchange sector operates, but the global financial economy as a whole.” The core value of a blockchain is that it enables a database to be directly shared without a central administrator. Rather than having some centralized application logic, blockchain transactions have their own proof of validity and authorization to enforce the constraints. Hence, with the blockchain acting as a consensus ...

Bitcoin a 'dangerous speculative bubble ,is it?

Mo n e y is a m a tt er o f f a ith, Bits of paper and computer bytes change hands billions of times a day as a measure of value because we trust the promise that they represent .in today's era of fiat money ,those promises rest ultimately on a guarantee by governments that they are valuable . that guarantee , as we have seen , is being questioned as the willingness of governments to live up to the promises of fiat currencies is called into question by the deterioration in public finances We often discuss the ways that new technologies and techniques are being used to improve the digital scenario consecutively To t r e at the debate about the f ut u re of mo ne y as a battle between econo m i c truths is to mi s und e r stand the nature of money itself. ...

DON'T WAIT TO BUY BITCOIN, BUY IT & WAIT...

We all are getting aware of digital world day by day ,digital world are adding new technology on each successive day , things are being converted into digital process . The new digital economy is being introduced , now a days we all are familiar with new type of digital currency bitcoin ,., Few technologies have the ability to stir passionate online debate and baffle the vast majority of the population as bitcoin. The virtual currency has been a constant source of interest and confusion since it thrust itself into the mainstream more than five years ago. But interest in bitcoin is now greater than ever. Its value has soared above $10,000 (£8,000), a new high point, turning those who hoarded large amounts early on into millionaires. There are lot's of question that arise in our mind day by day ..just like How does it work? B itcoin works on a public ledger called blockchain, which holds a decentralised record of all transactions...

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