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Showing posts from February, 2018

Bitcoin

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Bitcoin Meaning : Bitcoin is the crypto currency that has the ability to eliminate paper money in future from daily use.Satoshi Nakamoto in year 2008 developed it for the purpose of making payments with electronic systems. It is currently  a hot topic around the globe due to its value in the current market and is hitting the market with its increased user who are taking bitcoin seriously in terms of business channel. Importance -It is fast , easy and reliable means of payment. -It helps to maintain record without the fear against the breach in Data Privacy. -'N' number of bitcoin wallet can be created as per the wish. -Financial Privacy can be maintained because its not mandatory for the people to show their identities during business transactions. -Bitcoins are scarce and easily interchangeable therefore no any impact on inflation which occurs when total amount of cash increases in the system. Disadvantages -Bitcoin facilitates money laundering activit...

Bermuda Triangle : Mystery Begins

How many creepy stories about the disappearing of airplanes and ships in the bermuda triangle have you heard ? I guess a whole bunch. Bermuda Triangle It is the large area in the Atlantic ocean between Florida , Puerto Rico and Bermuda.This region is notorious for its mysterious phenomena .Huge amount of ships and planes have disappeared here.Its second name is ' The devil's Triangle ' All those mythical vanishing happened under unknown and unexplained circumstances .Some of the planes and ships have never been found.There have been many theories about why it all occurs in that area starting from water spouts to aliens and even sea monsters.But those were only theories.Reports go back to 1945 when 5 American torpedo bombers and a plane that was sent out to find them , all vanished without a trace.Since that day, another 75 Aircrafts and several hundred ships have been lost.The latest tragedy happened in 2015 when the cargo ship " El Faro" disappeared in t...