Topic: Why Arun jaitley ji, Modi ji and RBI has no idea about what they are talking! - page 2. (Read 308 times)
April 09, 2018, 04:02:26 AM
Truly said. There is a dissonance in what they practice and what they profess. Looks like they are just taking the electorates for a long ride
April 09, 2018, 12:59:07 AM
Across the globe those opposing the crypto revolution, mostly the banks and state have one thing in common. They all claim that "bitcoin is bad but blockchain is good".
Our Modi ji twitter handler, one day was continuously tweeting about latest tech likes of AI and benefits of blockchain. Finance minister Arun jatley ji said the same thing in the budget speech. Now RBI also joined the line and saying the same that they support blockchain and going to develop their own coin..
There is only one truth here: either they have no idea what they are talking about or that they know but are lying to deceive people.
because blockchain cannot exist without a token, because you need a token with value to reward the miners who secure the network. its like shiva and shakthi...one cannot exist without the other.
Therefore why do you want to bring a centralized process to a decentralized process?
Govt and banks already have a system that is far more efficient, scalable to any level with their current centralized banking networks.
Why do they even want to have something like blockchain. Even if they do, how efficient and secure will the blockchian network be?
hence the answer could be that they are all acting to make it appear that they are not tech averse and open to new technology.
After all india being the IT hub of the world would look shame if they ban a new technology and Digital India is a pure fantasy.
Our Modi ji twitter handler, one day was continuously tweeting about latest tech likes of AI and benefits of blockchain. Finance minister Arun jatley ji said the same thing in the budget speech. Now RBI also joined the line and saying the same that they support blockchain and going to develop their own coin..
There is only one truth here: either they have no idea what they are talking about or that they know but are lying to deceive people.
because blockchain cannot exist without a token, because you need a token with value to reward the miners who secure the network. its like shiva and shakthi...one cannot exist without the other.
Therefore why do you want to bring a centralized process to a decentralized process?
Govt and banks already have a system that is far more efficient, scalable to any level with their current centralized banking networks.
Why do they even want to have something like blockchain. Even if they do, how efficient and secure will the blockchian network be?
hence the answer could be that they are all acting to make it appear that they are not tech averse and open to new technology.
After all india being the IT hub of the world would look shame if they ban a new technology and Digital India is a pure fantasy.
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