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Bitcoins in India

# What is Bitcoin ? As per Forbes, the money you have been using all your life is backed by a government of some sort, it exist in a tangible (which can be touched & feel) form. Bitcoin is neither tangible nor backed by anyone. It is a Digital currency (also known as Crypto-currency, a digital asset that exist only on data) launched in 2009 by a person or a group of people operating under the name "Satoshi Nakamoto". # Why Bitcoins ? Bitcoins are impossible to counterfeit. You can use them to send or receive any amount of money, with anyone, anywhere in the world at very low cost . Bitcoins payments are impossible to block & Bitcoins wallets can't be frozen . Bitcoin Wallet # Who uses Bitcoins ? Generally, the Techy persons & Hackers uses it to demand funds secretly. Bitcoin is a computer program , which is fast with no security checks (like OTP). But digital sign is necessary for every transaction. # Worth It ?...

[ Summary of Snapdeal Crisis ] - Snapdeal Times

Snapdeal, being a re-organized, focused & entrepreneurial company now facing uncertainties & struggling in operating its business. The reasons behind this fruitful journey to the mess is covered in the below tiny article : In 2016-17, Snapdeal was struggling in raising funds from the investors but continued spending money on the variable costs which led to  Cash Crunch . Kalaari capital & Nexus ventures are  joint ventures  (JVs) firms who make funding in leading companies and so as invested in Snapdeal too. SoftBank also was another biggest investor holding 33% ownership. Few months later, partnership between these two biggest investors didn't go well and contradictions were initialized  on the basis of Board seats.  SoftBank had two seats giving more power & rights in the company. Kalaari and Nexus were holding one seat each. Storm did not stop here. Freecharge , e-commerce website for recharges, bill payments & much more, owne...