In Response to current statements by this two gentlemen about 'Bitcoin illegal' and 'pyramid ponzi scheme'.
saying that bitcoin is used by terrorist (which is excuse of most countries gov) is same as saying internet and cash is used by terrorist, that means we should ban both things too.
After Digital India, a campaign launched by the Government of India
Some news
=> Govt Admits 29 Lakh Debit Cards Being Malware Infected; UPI, BHIM Data Compromised, But Are Banks Hiding it? [March 20, 2017]
http://trak.in/tags/business/2017/03/20/29l-debit-cards-malware-upi-bhim-data-compromised/=> 3.2 million debit cards compromised; SBI, HDFC Bank, ICICI, YES Bank and Axis
http://economictimes.indiatimes.com/industry/banking/finance/banking/3-2-million-debit-cards-compromised-sbi-hdfc-bank-icici-yes-bank-and-axis-worst-hit/articleshow/54945561.cmsThis News Are just related to banking only. the whole cyber security is leaking in all over the country.
Digital India requires cyber security investments [Mar 27, 2017]
http://timesofindia.indiatimes.com/people/opinion-digital-india-requires-cyber-security-investment/articleshow/57847654.cmsOur Govt already spent over Rs 26000 cr in name of Digital India
=> New Digital India: All PAN cards not linked to Aadhaar card will be cancelled
http://indiatoday.intoday.in/technology/story/new-digital-india-all-pan-cards-not-linked-to-aadhaar-card-will-be-cancelled/1/910017.htmlis this good to link everything without having strong enough security?
Aadhar Services Must have 256bit AES Encryption or above otherwise someone with pendrive can compromise whole county's data. and linking everything with one place can be disaster even the US Govt wont did this.
Using linkability how much information aadhar reveal about yourself
>Your whole personal details (Name,Address,DOB,MobileNumber,Fingerprint,Eye Scan)
>Your all banking related things
>When Linked your PAN, Your all Property and Assets
>When Linked to Your mobile number (Your all internet activity logs, your all calls and SMS,your contacts)
and much more that can not be discuss in public
and all this data is not encrypted properly and not store in safe place, whole country can be compromised (sounds like paranoid but this things already happened in western countries) even if its not that bad, for make their own agenda other countries target individual who try to improve laws against their interests.
News :how secure are e-wallets in India? [DEC 17, 2016]
http://indiatoday.intoday.in/technology/story/demonetisation-after-paytms-server-hit-how-secure-are-e-wallets-in-india/1/836764.htmlour all payment and banking apps use software based security which means 0% secure because once tokens are stolen we cant retrieve back.
For all this problem their is solution called Blockchain which Bitcoin stands on.
Spend Enough time to learn and understand technology of bitcoin and blockchain technologies.
FunJoke:-
Storing Citizens Data on Private company's servers is like lock home's door with best locker in the world and leave window open behind.
recommend videos
>
https://www.youtube.com/watch?v=tgls4wTD-Js>
https://www.youtube.com/watch?v=4uRBsn8q_XkPeace,
Vande Mataram
