Currently Sia, a crypto project which aim is to decentralize online cloud storage is having a total cost of 104 and a total storage space of 264TB with a storage utility of 41.89TB a week averagely and an average storage price of $0.0072.

I call this PROGRESS. A system like this will not only protect our files online but will also provide the cheapest online storage price.

As far as the Unocoin arrest incident is concerned:

- I've been using Unocoin a lot in 2016 and 17. It was quite useful and I was also introduced to bitcoin's lightning network by the Unocoin CEO Sunny. Helpful guy.

- I do not know the logic behind some crypto guys in India stating that the arrest did not deserve the arrest.. but from what I have figured out is that it was a crypto ATM trying to use P2P maybe instead of banking services.

- However, there might be more legal formalities to complete before one can install an ATM-like that which Unocoin might have failed to do and hence the arrest.

- Because the thing is... ATM's are a GREAT GREAT way to spread brand awareness. Just set it up in a famous mall and you're done. Who doesn't like mall shopping tell me? almost all religious and irreligious people love mall shopping. As soon as they see that ATM.. OMGosh what is this? let me research more.. and then the brand sticks onto their mind and the possibility of so many customers and sales. This is why I am seeing crypto companies want to have their own ATM's. Highly effective marketing tool.

- These are the VERY reasons that the arrest took place so fast. The Indian government or RBI maybe will not want crypto to become common knowledge among its folks, which is one of the things that the Unocoin ATM was trying to achieve. If it does become common knowledge among many people in India, then RBI will eventually lose out on its business as more and more people will begin dealing in crypto.

The humble souls of the Indian crypto community will not like to reveal things the way I do and choose to remain diplomatic.. but I guess this pretty much sums up the whole incident.