INDIAN ECON, POLITICS, SOCIETY + BTC PRICE

[vivekdhyani1]

^^ doubt it , high level politicians maybe low level nah..they prefer to keep it in either land owernship or mining business or build a school/college/institute (new trend started)..

20k is maybe less , it's probably around 25k-30k(capcitiy of our polticians to scam way higher) & maybe mostly consist of oposition parties & that's why Goverment is hell bent on going after cypto ..see you need money to fight election & best way to win election is to stop funding options for your oppositions ..they have done it in terms of indian currency with all digital record , they excatly know where money is moving , can't do that with crypto ..that's why these harsh regulation to make it harder to trade in crypto.

pretty sure goverment , won't mind sacrificing even BJP leaders(those who have btc) to achieve this goal.

[pawanjain]

Let's discuss something interesting, and it is all speculative because no one knows exactly how much is in it.

It is not wonder that almost every politician got unaccounted money somewhere so what are the possibility of they are keeping them as bitcoin and if they are then I wonder this will be a huge amount if we compile all the politicians across the country and not just at the leader level but at each level in any power associated with that party.

My guess it would be atleast 20K bitcoins, just pure imagination though.

I doubt that because if politicians were holding so much in bitcoin then they would have encourage crypto holding in India.
Politicians will go to any extent to save their money from taxes and that's why we would have seen a crypto friendly regulation in India.
But that's not the reality which is why I don't think politicians have much in bitcoin. I guess gold, real estate and cash is their major priority.

[TheUltraElite]

You might like to believe that politicians are holding BTC, if this was USA or UAE I would have believed it. But I have some doubt when it comes to Indian politicians, however this might become true as bitcoin continues to occupy the mainstream news media.

For now, big companies are storing BTC, this much we can take with surety. Individuals are also hoarding bitcoin for its future. We just need to make sure we increase our stash whenever the price drops.

[Bitcoin Smith]

You might like to believe that politicians are holding BTC, if this was USA or UAE I would have believed it. But I have some doubt when it comes to Indian politicians, however this might become true as bitcoin continues to occupy the mainstream news media.

We never know, they might act like ignoring, but secretly hoard all the coins for themselves. Everybody got an unknown side that will always surprise if it comes to public anyway those politicians got probably a team who are well educated and experienced in maintaining the assets without tying to the name of the politicians so even if these leaders are not aware doesn't mean they are not holding it.

[JSRAW]

You might like to believe that politicians are holding BTC, if this was USA or UAE I would have believed it. But I have some doubt when it comes to Indian politicians, however this might become true as bitcoin continues to occupy the mainstream news media.

We never know, they might act like ignoring, but secretly hoard all the coins for themselves. Everybody got an unknown side that will always surprise if it comes to public anyway those politicians got probably a team who are well educated and experienced in maintaining the assets without tying to the name of the politicians so even if these leaders are not aware doesn't mean they are not holding it.

Why only politicians tho

Politicians ke pass bahut options hai but i bet babus aur clerk level logo ne bhi daba kar rakhe honge thode bahut. Cash aur benami properties toh normal hai bhai logo ke liye.

[vivekdhyani1]

Indian Embassy in Tehran has urged Indian nationals in Iran to leave the country by available means of transport, including commercial flights.Indian Goverment has reiterated its advisory issued on January 14 this year, saying all Indian citizens and Persons of Indian Origin should exercise due caution, avoid areas of protests or demonstrations, stay in contact with the Indian Embassy in Iran and monitor local media for any developments.

It also requested the Indian nationals to have their travel and immigration documents, including Passports and Identity Cards, readily available with them.

I Knew it , Trump needed a diversion after that supreme Court ruling on tariff.Let me make another prediction , Indians won't leave & then will expect Goverment to Airlift in middle of conflict & will cry foul after landing in the country. 

[henmark]

Let's discuss something interesting, and it is all speculative because no one knows exactly how much is in it.

It is not wonder that almost every politician got unaccounted money somewhere so what are the possibility of they are keeping them as bitcoin and if they are then I wonder this will be a huge amount if we compile all the politicians across the country and not just at the leader level but at each level in any power associated with that party.

My guess it would be atleast 20K bitcoins, just pure imagination though.

Still, these politicians will leave trace some or the other place as purchasing bitcoins will involve bank transactions until and unless they find local dealers accepting cash. Even offline dealers are much cautious nowadays because of the taxation and they ignore cash dealings anymore as it is much risky and if caught by the government, can imply high penalties. These politicians might have enough contacts though to make the money disappear. They can use moles to redirect the money into their accounts.

What I think is, our politicians are not that smart when it comes to technology. Majority of the politicians are not even well educated, and they are far behind from the technology. They can only think about bitcoins if there is someone to guide them through.

[JSRAW]

Indian Embassy in Tehran has urged Indian nationals in Iran to leave the country by available means of transport, including commercial flights.Indian Goverment has reiterated its advisory issued on January 14 this year, saying all Indian citizens and Persons of Indian Origin should exercise due caution, avoid areas of protests or demonstrations, stay in contact with the Indian Embassy in Iran and monitor local media for any developments.

It also requested the Indian nationals to have their travel and immigration documents, including Passports and Identity Cards, readily available with them.

I Knew it , Trump needed a diversion after that supreme Court ruling on tariff.Let me make another prediction , Indians won't leave & then will expect Goverment to Airlift in middle of conflict & will cry foul after landing in the country. 

As late Sushma ji said agar mangal mein phas gaye toh indian ambassy lekar aayegi.

Kahin bhi crisis ho, indians ko har jagah sey evacuate karwana padta hai. Advisory ke time pe "arey koi na" wala attitude rehta hai and then jaan pe aa jaye, karo drama start. No country does that for its citizens aur yahan evacuate karne ke baad bhi 5%-10% randirona karenge ki ghar se pick nahi Kiya ac bus nahi bheji.

[pawanjain]

Let's discuss something interesting, and it is all speculative because no one knows exactly how much is in it.

It is not wonder that almost every politician got unaccounted money somewhere so what are the possibility of they are keeping them as bitcoin and if they are then I wonder this will be a huge amount if we compile all the politicians across the country and not just at the leader level but at each level in any power associated with that party.

My guess it would be atleast 20K bitcoins, just pure imagination though.

Still, these politicians will leave trace some or the other place as purchasing bitcoins will involve bank transactions until and unless they find local dealers accepting cash. Even offline dealers are much cautious nowadays because of the taxation and they ignore cash dealings anymore as it is much risky and if caught by the government, can imply high penalties. These politicians might have enough contacts though to make the money disappear. They can use moles to redirect the money into their accounts.

What I think is, our politicians are not that smart when it comes to technology. Majority of the politicians are not even well educated, and they are far behind from the technology. They can only think about bitcoins if there is someone to guide them through.

Very true. Even I don't think Indian politicians are smart enough to buy and hold bitcoin for long term.
Giving it to somebody else for holding would be a disaster though. We never know who ditches them and get away with their coins.

In one of the recent videos, a girl was talking to the education minister in English where the education minister hesitated and told the girl to speak in hindi.
So I doubt how qualified are all the ministers and politicians of India actually are.

[JSRAW]

^^ you never know, wealth manager rakhe hi honge bahut politicians etc ne. Baacho aur rishtedaro ne tax residencies bhi le rakhi hogi diversify karne ke liye.

Tbh english na aane par kam focus hona chahiye aur shaming toh bilkul honi chahiye. Focus should be on agar minister ne bache ko answer aur solution diya ya nahi. All good, as long as official respond to query, even if it's in thet haryanvi. English ko qualification se toh kabhi jodna nahi chahiye

[henmark]

Even I don't think Indian politicians are smart enough to buy and hold bitcoin for long term.
Giving it to somebody else for holding would be a disaster though. We never know who ditches them and get away with their coins.

In one of the recent videos, a girl was talking to the education minister in English where the education minister hesitated and told the girl to speak in hindi.
So I doubt how qualified are all the ministers and politicians of India actually are.

I think politicians can risk buying and holding bitcoins for a longer duration because anyways they have a lot of money and might not know what to do after burying some money in their garden or in the wall. They can surely put a few lakhs in bitcoins and store it for a long time as anyways it will not be monitored by the authorities and is the perfect way to hide black money. These politicians might already be having a decent amount in bitcoins is what I think. They will always find ways to hide their money from the regulators and bitcoins has just given them the perfect platform to do so.

Some ministers pretend to be patriotic by saying to speak in Hindi but the truth is, these ministers don't know how to speak in English. . They will hesitate if someone starts talking in English and will try to give a run around.

[vivekdhyani1]

Indian Navy might have to do the biggest evacuation ever!

Seems like the whole region might blow up , IRAN hitting random targets in Dubai(One of the Iranian Shahed 136 narrowly missed Burj khalifa.), Oman , Baharin & Jordan even civillian target , stupid but very brave strategy ..few more hits & Gulf nation will lobby hard to de-escalate.

BTW If anyone thinks India is now going to stop buying Russian Oil  , Russian Oil is now a necessity to stabilise the oil market.

[JSRAW]

Indian Navy might have to do the biggest evacuation ever!

Seems like the whole region might blow up , IRAN hitting random targets in Dubai(One of the Iranian Shahed 136 narrowly missed Burj khalifa.), Oman , Baharin & Jordan even civillian target , stupid but very brave strategy ..few more hits & Gulf nation will lobby hard to de-escalate.

BTW If anyone thinks India is now going to stop buying Russian Oil  , Russian Oil is now a necessity to stabilise the oil market.

Pata nahi kya bure karam kiye honge hamne ki sare padosi phudu aur jihadi hai, sala ek bhi dhang ka nahi hai. Thoda region aage peeche ho jata toh roj ka yeh drama na hota. The kind of footage dekhne ko mil rahi hai, consider ourselves lucky ki apni country mein aisa destruction nhi ho raha, even in border states.

PR/Golden visa community mein use was doing too good but this conflict will do the big damage on its image. Oil toh mil jayega but ish baar na milta discount, props to babus if they see any success in it.

[vivekdhyani1]

^^ As Atal ji used to say "You can change friends but not neighbours". Hamari kismat he kharab hai 

Let me give some postive news , Total GST Collections For February Up By 8.1% At Rs. 1.83 Lk Cr but But Imports jumped 17%

[pawanjain]

Indian Navy might have to do the biggest evacuation ever!

Seems like the whole region might blow up , IRAN hitting random targets in Dubai(One of the Iranian Shahed 136 narrowly missed Burj khalifa.), Oman , Baharin & Jordan even civillian target , stupid but very brave strategy ..few more hits & Gulf nation will lobby hard to de-escalate.

BTW If anyone thinks India is now going to stop buying Russian Oil  , Russian Oil is now a necessity to stabilise the oil market.

Pata nahi kya bure karam kiye honge hamne ki sare padosi phudu aur jihadi hai, sala ek bhi dhang ka nahi hai. Thoda region aage peeche ho jata toh roj ka yeh drama na hota. The kind of footage dekhne ko mil rahi hai, consider ourselves lucky ki apni country mein aisa destruction nhi ho raha, even in border states.

PR/Golden visa community mein use was doing too good but this conflict will do the big damage on its image. Oil toh mil jayega but ish baar na milta discount, props to babus if they see any success in it.

Apnni country me destruction k liye dusre countries ke hamle ki jarurat nahi hai.
Yaha bridges and buildings thode samay me apne aap gir jaate hai.
Kuch bridge to bante bante bhi gir jaate. Isliye apni country bhi kisi se kam nahi hai.
Bas yeh baat hai ki yeh chije itni limelight me nahi aati or media coverage nahi milta.

[TSen]

^^ you never know, wealth manager rakhe hi honge bahut politicians etc ne. Baacho aur rishtedaro ne tax residencies bhi le rakhi hogi diversify karne ke liye.

Tbh english na aane par kam focus hona chahiye aur shaming toh bilkul honi chahiye. Focus should be on agar minister ne bache ko answer aur solution diya ya nahi. All good, as long as official respond to query, even if it's in thet haryanvi. English ko qualification se toh kabhi jodna nahi chahiye

Lekin communication bhi to jaruri he na. Bina English ke communication me kafi problem aati he India ke bahar nhi but India le andar he. North se South me jab aate he na, pura environment change ho jaata he aur navi language sikhni padti he ya to English me communicate karna padta he. Ha ye shayad thoda off topic ho gaya but jab aap bolle ki English ko qualification se jodna nahi chahiye tb mujhe ye bolne ki iccha ki.

Anyways, we can never be sure how much wealth these politicians have and how many wealth manager they might be having to manage all this. A single government project makes them earn millions and billions.

[JSRAW]

^^ As Atal ji used to say "You can change friends but not neighbours". Hamari kismat he kharab hai 

Let me give some postive news , Total GST Collections For February Up By 8.1% At Rs. 1.83 Lk Cr but But Imports jumped 17%

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Arey ush naye gdp revision ka kya hua, heard wahan upgrade hone ke chakkar mein gdp mein hi correction ho gya.

Guess theek hi hai, data fudging ke allegations nahi lagenge.

~snip~

Ab kya ho bole ishme. HDI related sare issue mein toh lagi padi hai apni

^^ you never know, wealth manager rakhe hi honge bahut politicians etc ne. Baacho aur rishtedaro ne tax residencies bhi le rakhi hogi diversify karne ke liye.

Tbh english na aane par kam focus hona chahiye aur shaming toh bilkul honi chahiye. Focus should be on agar minister ne bache ko answer aur solution diya ya nahi. All good, as long as official respond to query, even if it's in thet haryanvi. English ko qualification se toh kabhi jodna nahi chahiye

Lekin communication bhi to jaruri he na. Bina English ke communication me kafi problem aati he India ke bahar nhi but India le andar he. North se South me jab aate he na, pura environment change ho jaata he aur navi language sikhni padti he ya to English me communicate karna padta he. Ha ye shayad thoda off topic ho gaya but jab aap bolle ki English ko qualification se jodna nahi chahiye tb mujhe ye bolne ki iccha ki.

Anyways, we can never be sure how much wealth these politicians have and how many wealth manager they might be having to manage all this. A single government project makes them earn millions and billions.

Arey goalpost kahe change kar rahe ho bhai..

Bahar travel karoge toh survival ke liye international norm toh follow karne hi padenge but if you are traveling outside major cities around the world ( barring Anglo sphere) then even english wont help you and you need basic local language. Point is take english as a tool for communication and not status symbol.

[Bitcoin Smith]

Iran-Israel/USA war will hit us in any possible way?

I don't think we have any trade deals with Iran for a while but Iran is a major player in oil exports and even though we are not buying from them since they will be closing their exports until this settles means the demand for Oil will jump that means the price of fueal across the globe will have a surge for the next couple of months means every product that is transported will have a hike on the MRP?

[JSRAW]

^^ major concern would be safety of 8-9millions indian expats in the gulf. Increase in crude oil prices could increase our import bill as we are heavily dependent on energy, which means $$ reserves could take some hit, if it's 1-2 week affair then it won't pinch much because we have 70-75 days of reserves in oil. Supply lines and logistics are also taking some heat, this could be a problem as well.

From geo political pov, meh we are used to walking on tight ropes.

[TheUltraElite]

Yup anything happens in the Middle east and all we are concerned with is the oil prices because oil runs the world. War mongering is way more profitable for arms dealers than the actual war happening. Still over the last 5years situations have become bad due to a lot of reasons and wars are happening more commonly and appearing on mainstream.

As far as politicians goes, their abysmal control over English is something we can have a never ending talk about except Sashi Tharoor of course.