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Brain drain 2.0


sskmaestro

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57 minutes ago, NatuGadu said:

RBI ban chesi Manchi Pani chesindhi

Crypto currency has advantages. China itself is developing infrastructure on it. We are lagging behind, unfortunately India is not into fintech too. It seems no one  had idea where we are heading.  

China is also developing 5g related infrastructure. India is no where...

People boast that we are developing country, but when we compare to west, Europe and some Asian countries we are no where.

I also believe that Modi doesn't have brain to understand fintech, Blockchain and crypto. CBN is far better in it.

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developing country aina india ki and  that to trillions of GDP with more population..... crypto currencies  is  huge risk to economy .... one shot to collapse

emka stabilize avvani legitimate value leni crypto currenies ni encourage cheyalem ..... 

why  eppudaina currencies stable ga untene trade stable ga untai ..... with in months 20-30% fluctuate awtunnapudu  product value ni assessment cheyalem 

inflation :  prastutam 4% undi ..... currencies appreciation 20-30% perigite ...consumption of goods raise untadi... interest rates perigipoti banks nundi ..... appudu abnormal appreciation vachi total goods ki value cheppaleka .... unstable and chaotic situation vastadi   

noramal simple live eg : 

kphb lo land nenu bitcoin tho last year konna 1 b = 7,000 .... same value ki eppudu a bit coin lone nenu ammali ante 1.5 b coin evvali .... see the risk 

so bit coin value or circulation mana authority lenappudu manam encourage cheste  chala pedda failure awtam ...

so crypto currencies are huge to economies ....

but blockchain technology is good concept to explore  and more use full to indian economy .... block chain technology and products ne emi ban cheyaledu india govt

 

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2nd most important why indian banned cryptos is .... consumption of huge electricity for coins mining ....

unimaginable amount of power kavali mining (new coins) chestue transaction  ledger verification ki .... india lanti country ki farmer ki power evvatanike ledu vetiki evvalante not possible with  current infrastructure

eg : one year lo total consumption of electricity related to bitcoin is equal to one year power consumption of Denmark country 

india aite chachi urukuntadi e range lo lageste 

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2 hours ago, Andhrudu said:

 

 

mari india currency value 15% value padi poyindi. so last month 60 usd/barrel unnadi ippudu 75 usd/barrel ayyindi. so currency value 15% drop + oil value 25% increase = 40% more money needed to spend kada. mari daanni ela calibrate sestharu ?? :D

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15 minutes ago, LuvNTR said:

gajam 7000 usd tho konnanu antunnara ??

general example cheppa price moment di .... very specific ga cheppalante below graph... cheptadi 

1 BT vs 1 USD .... u can convert to rupees 

image.png.c874539fa0a9eac8fd0b283422e1c705.png

 

same day last year : 4000usd

dec 1st ki              : 10,000usd

jan 1st ki              : 14,000

march ki              :  8,000

may ki                 :  9,800

july ki                  : 6,500

sep ki                  : 6,500

meru cheppandi ......  meku land unte   most volatile crptoes lo accept chestara ..... oka e vela year lo chesi unte meku me 50% value lose ayyevallu ....

so trade , good and service anni currencies mede depend awtai .... ela unte evvadiki confidence radu 

 

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14 minutes ago, LuvNTR said:

mari india currency value 15% value padi poyindi. so last month 60 usd/barrel unnadi ippudu 75 usd/barrel ayyindi. so currency value 15% drop + oil value 25% increase = 40% more money needed to spend kada. mari daanni ela calibrate sestharu ?? :D

meku economy basics idea lenattundi .... 

60- 75 usd / barrel anedi   crude oil pirce ... adi OPEC and other petroleum exploration companies production base meda price untadi .... not currency ... no relation to both

present currencies depreciation reason is trade war between us and china   manadi only against USD padindi tappa Euro pound yen sg dollar tho anthaga padaledu .... a reasons complete ga different and mandi okkate padaledu against to usd ... all asian currencies 

why ante china and maman  export surplus to us ..... US taxes veste akkadi janam mana goods konaru ante mana currencies ki demand undadu....

 

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5 minutes ago, Andhrudu said:

general example cheppa price moment di .... very specific ga cheppalante below graph... cheptadi 

1 BT vs 1 USD .... u can convert to rupees 

 

pichi vuncle btc value padindi because of many reasons like countries are banning, US SEC is not allowing btc based ETF etc. oka vela countries btc ni allow sesi unte eepatiki 1 btc = 70000 usd ayyedi. meeru enni anna crypto currency is here to stay. it will bounce back. 

appanam ga US vaadu anni countries pi regulations tarifs vesi aa countries currency value ni padesthunnadu. lot of commodities value daarunam ga addagolu ga perigi  pothunnayi week by week. so it is matter of time countries will adapt universal currency like crypto.  :D

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7 minutes ago, Andhrudu said:

meku economy basics idea lenattundi .... 

barrel 70 usd market lo unte inka thakkuvaki ela ammutharu mari india ki OPEC vallu or iran vallu. don't get you on this.

USD value baaga strong due to tarifs on europe, middle east, china and india. even turkey kuda baaga effect ayyi currency value padipoyindi. anni paddayi values. oil n commodities trading jarigedi USD lone not euro or yen. gamaninchagalaru meeru. 

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meru em matladu tunnaro meke arhtam avvtundo ledo .... 

edo ego ki poi support cheskovali ani atram tappa .... point think cheyatla .....

e country anna adesanni sasinchali ante best way currency than weapon  ... already proved in trade war 

desa sarvabhomadhikaram important  e desanikaina .....  mana currency value ekkado china korea japan vadu decide cheste emka mana govt ki assala power untada...

--------

nenadigi points okka daniki answer ledu ...

1.  unstable currency tho meru trade chestara ?

2. Currency value or regulator mana country ki lekapoina parleda ?

3. Crypto currencies ki power ekkadi nundi testaru deficit country lanti india ki ?

4. assala cryptos  ni widespread ga e country lo anna accept chetsunanra ? ledu 

----- telisinodki cheppochu .... telinodiki vivarinchochu ....   ego ki poye mi lanti vallaki na valla kadu ....

 

 

 

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nee age entha ?? nuvvu mari personal ki velthunnavu enduku nenu casual ga matladuthunte. naa gurunchi neekemi telusu. i do trade all commodities, options and stocks very aggressively. i have very common basic knowledge about economy. intha personal enduku neeku ??

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1 hour ago, LuvNTR said:

nee age entha ?? nuvvu mari personal ki velthunnavu enduku nenu casual ga matladuthunte. naa gurunchi neekemi telusu. i do trade all commodities, options and stocks very aggressively. i have very common basic knowledge about economy. intha personal enduku neeku ??

Ne nekkada personal ga vellala kanisam me laga singler word kuda use cheyaledu ... Pichi uncle,  nuvvu  anndi Meru ....

Me skills Naku telidu but nenu nse certificated capital market analyst , all derivatives nenu kuda chesa ...

Nenu cheppina points Anni RBI release chesina note lovi and hindu , business standard lo vesina articles 

Mela tala kola lekunda okka point kuda cheppaledu....

Manam Manam entha arusukunna no use ... Evaranna 3rd person comment chestene reply ista emka ...

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Seems like this thread deviated. Why don't we have a fruitful discussion?

Don't we need crypto currency? What about India infrastructure on it? Can't we regulate the currency?

Block chain is one of the platform that Indian can use it  software pool to develop a robust system.

My point is, is the central govt focusing on it? What is India contribution towards it?

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Hmm.... the main intention to share it here is to point out how behind we are even in technologies that help us evolve in IT. India is one of the leading IT markets. Not sure what this 4 year tremendous majority Modi govt did in terms of preparing infrastructure such that the country’s educated and talented youth can use it for launching their careers ?

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16 minutes ago, swarnandhra said:

Hacking is institutionalized in Russia, N Korea and to some extent in China. So, should India do the same?

No.... Russia, Korea and China have grabbed the opportunity of making money from these technologies and also that provided lot of jobs at ground level. India became an IT gaint due to the 

1. Youth willing to learn technologies

2. Some good decisions by govts (like encouraging FDIs) 

3. Large gap between $ and INR.

 

Apart from these. What is the drastic steps that Indian govt took to improve the infrastructure with in country so that many youth can transform their careers? Don’t say we increased the no of engg colleges.

 

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2 hours ago, sskmaestro said:

Hmm.... the main intention to share it here is to point out how behind we are even in technologies that help us evolve in IT. India is one of the leading IT markets. Not sure what this 4 year tremendous majority Modi govt did in terms of preparing infrastructure such that the country’s educated and talented youth can use it for launching their careers ?

Tech lo after 50 years taravatha same situation..... Us/Europe companies licenses selling to India... 

 

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24 minutes ago, sskmaestro said:

No.... Russia, Korea and China have grabbed the opportunity of making money from these technologies and also that provided lot of jobs at ground level. India became an IT gaint due to the 

1. Youth willing to learn technologies

2. Some good decisions by govts (like encouraging FDIs) 

3. Large gap between $ and INR.

 

Apart from these. What is the drastic steps that Indian govt took to improve the infrastructure with in country so that many youth can transform their careers? Don’t say we increased the no of engg colleges.

 

Infrastructure, I agree. More should be done. My concern is promoting bitcoin type of things

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