Can India Adopt Cryptocurrency? Cryptocurrency in India | Part-2| Personal Finance| Finstreet|

Mujhe! Mujhe aisa lagta hai ki hai ki digital money
ko samjhne ke liye digital currency ko samjhte rahenge na hum. Tho! we will ride the bus samajh rahe ho yeh
baat. Tho! innovator kon the digital currency main? Koi naam.Nahi, Nahi vho tho Bitcoin tha na. Main Digital currency ki baat kar raha hoo
Bitcoin, Paytm yeh sab cheeze Paypal! Tho Elon Musk created payPla Right! unhone
1995-96 tak paypal banaya 2001 main tho beech bhi diya. Tho he was a innovator in digital currency
right! Early adopt kiya jab 2010-11-12 main "Vijay
Shekhar sharma" ne kiya right jab Paytm bana diya unhone. Invent tho kuch nahi kiya 10 saal pehle kar
diya tha na. Elon Bhai ne bana ke beech diya. But "Vijay Shekhar sharma" ne isse adopt kar
liya li bhyi India ko bhi iski zaroorat padegi.Right aisa hi hua! Tho he was early adoptor haina. Fir, early majority kon log the? Early majority log the main humari company
hai 'QuadB apparels' tho 'QuadB apparels' main we manufacture customized tee shirts
app main se kai logon ne pehen bhi rakhi hai.

Tho customized T-shirts and Hoodies we manufacture
and we ship it to whole India but humare pass offline store nahi hai. We do not have any offline store tho hum kya
karte the since hummare offline stores nahi the tho cash tho accept karne ka sawal hi
nahi hai uthta tho hum online Payments hi lete the demonotization se pehle. Badhiya cheez kya hui demonotization meri
zindagi ka favourite mudda hai ki jab vho raat main khana nahi kha paya uske alawa meri
zindagi main sab badhiya hua hai demonotization ki vajah se. Tho! early majority main hone ka fayeda kya
hua ki jitne humare competition the vho the local vendors vho cash main payments lete
the hum tho pehle bhi online lete the demonotization hui logo ke pass cash hi khatam ho gaya sab
online payment karna chahte the aur hum accept karne vale akele the customized clothing main.

Our business grew by 500%. 5 times sirf demonotization ki vajah se kyunki
we wer early majority in this technology, Ke we were early technology. Humne pehle hi adopt kar rakha tha jo hua. Late majority jo log baad main aaye. Jihione humare baad main shuru kar diya. Laggards vahi jo laale hai abhi. By the way I am baniya tho main yeh vala joke
nahi marunga tho yeh CUT kar dena tho jo laale hai jo abhi tak evolve nahi huye hai. baniya
log hai jo dukano pe baithe huye hai. tho jo nahi huye they are laggards. Tho unka business dip kar raha hai anytime. Tho aise hi hoga isme bhi. But sawaal tho yeh hi hai. Question kya tha ki hum kahan hai? Agar crypto space bohot badi hai tho hum kahan
par hai? Kya main laggards hoo, late majority hjoo,
eary amjority hoon ya adoptors hoo? Kyunki price tho gira hua hai aur mujhe yeh
samjh nahi aa raha ki main kahan hoo? Tho let us do a statistics study hum isse
ek statistics ki tarah samjhne ki koshish karte hai.

Theek hai! world population kitni hai? 7.7 billion right! Badh gayi hogi ab main 2018-19 ka data bol
raha hoo. tho 7.7 billion people hai duniya main aur agar main kehta hoo bitcoin ek bohot
hi zyada achi technology hai. Tho 10% log adopt kar lenge very milimalistic
rate haina! koi objection tho nahi hai na isme! tho main keh raha hoo 770 million log
adopt karnge. For your fact! tho humari jo regular banking
hai vho 75% logo ne adopt kari hui hai aur iska jo kaypax hai jo humme starting main
chahiye ek phone chahiye aur ek internet chahiye there is two things. tho are two things we need to interact with
bitcoin tho hum baat kar rahe the ki agar 10% log isse adopt kar lenge tho 770 million
users aayenge ultimatly crypto market main Yaah! banking is very different from income
tax return. The how many! sorry! people who are filing
for ITR they will only iuse bank accounts nahi nahi how can you say that India main
polpulation 2 % se zyada use karti hai banking.

Tho humari 70% population is almost bank which
is in place of world population world ki 75 hai aur india ki bhi 70% use karti hai aur
vaise bhi abhi jan dhan yojna huyi yaar sab log aa gaye banks main. I guess you are missing some facts jan c=dhan
yojna was a very useful scheme kafi rural population ko humne bank kiya hai usme. Right! so main facts bata raha hoo usme ki
average 75 hai na main tho 10 hi le raha hoon. agar main 10 % loon yani 770 million people
and agar main uska 2.5% nikalu tho 18 -19 aayega as per the cambridge university reasearch
Bitcoin abhi 2.8 million se leke 9.5 million log use karte hai which is way lesser than
2.5 % iska mtlb hum innovators main bhi yahin kahin hain.

Hum yahan tak bhi nahi pohonche. Ki agar main total population ka 10 % bhi
leta hoo jo future main bitcoin use karenge agar yeh futureistic technology hai tab bhi
hum yahan kahin hai. tho we are in a innovator stage. Innovator stage main kya ho raha hoga? Innovation ho rahi hogi! That is why it is called innovators stage
naam uska isliye yeh rakha gaya hai. tho innovation stage main innovation kahan ho rahi hai? Currency ban gay. Bitcoin ka jo uptime hai 98.9 % 8,9 hai shayad
aaj tak shayad 10 minute ke liye band hua hai. Tho bitcoin network kabhi band nahi ho raha
it is secured. Badi Badi transactions ho rahi hai billions
of dollars ki ar. Jo transaction 3 din leta hai swift Bitcoin
usse 10 kinute main kar deta hai because of block size is 10 minutes tho itna sab kuch
ho gaya hai money main tho usme pendi ng kahan par hai. Finance usme abhi finance nahi aaya hai. Dusra isme curve hai humara voletality curve. Jo log yaha par hai na innovator stage pe
unhe fayeda kya mil raha hai they can buy an asset for free.

Jisne 8 cents main bitcoin kahareeda hoga
vho aaj ke time pe khush hi khush hai haina tho unhe vho as such but uska loss kya hai
yeh vala curve kya batat hai apko voletality. ki voletile kitni hai market. 2010 main jab bitcoin ka price was .8 cents
as i qouted earlier. So 2010 se june 2011 tak it went to 32 dollors. Imagine karo koi cheez 8 cents se 32 dollar
tak chali gayi but, june 2011 se december 2011 tak vahi cheez 32 se dollar se 2 dollar
par aa gayi. it lost its value by 94 %. Apne koi cheez kharidi 32 dollar ki 94% tho udd
gaye umeed hi nahi rahegi himmat hi nahi rahegi ki yeh vapis aayegi yeh cheez right.

Tho unhe kya face karna padta hai voletality
kyun kyunki users bohot kam hai na. Duniya ki sabse stable market konsi hai? gold. hmmm Gold aur? petrol tho bohot zyada move karta hai yaar. Forex! forex bohot kam move karti hai. gold
bhi bohot kam move karti hai. Comparetively but ab tho badh raha hai 40-40%
growth hai last year ke comparetively.Tho uski! haan uski voletality kam kyu hai kyunki
adoption bohot zyada hai na! sabke pass is currency. Currency tho 100% log use kar rahe hai bro. Tho1 everybody is using currency tho volatality
bohot kam hai. Adoption lagbhag aa chuki hai puri but bitcoin
jaisi cheeze bohot zyada voletile hai tho iska yeh solution hai ki jaise jaise adoption
badhegi voletality kam hogi. Apko kya karna hai ki agar aise asset main
invest kar rahe ho tho usko pehle ache se search karo aur ohir long term main invest
karo. Tho fir apko volatality ka effect nahi padega
agar apne outlayers padhe honge jinhone statistics padha hai ki agar aap long term main dekhte
ho statistics main tho outlayers eliminate ho jate hai.

Any questions? Yaar koi bore tho nahi ho raha. Sahi hai!Sir, ek question tha adaption rate
ko aa[p product lkife cycle ke saath kasie relate kar sakte ho. Yeh life cycle product life cycle ke liye
nahi hai bro this is for technology! But fir uske andar mentioned hai tho uske
saath relatble tho hai hi. This is for a technology. Isko aise samjho ki. Yeh technology ki adoption hai ki internet
aaya aur vho aake ruk gaya.tum product cycle ki baat kar rahe ho na ki pehle euphoria moment
aayega fir vho neeche giur jayega fir depression stage se fir hope aagya.

Nahi nahi pehle growth chlo aap hi bata do. This is not a product this is a technology
aur yeh ek asset class hai. i am baad main discuss kar lete hai. ab baat kar kete hai
adoption time effect ki ab agar adoption aayegi tho. ki adoption ka time ke upar kya effect
hai. Tho neeche time hai, yahan pe hai apka ki
adoption ka kya number hai. Ki kitne number of adoption hai. Pehla mere pass hai telephone, second is Radio
coloured TV then VCR cell phone computer and internet. Right! tho question is apke hisab se iske
andar kya pattern follow hota hai? Koi pattern jo aap dekh paa rahe ho iss adoption
curve main. Kya? Adoption time kam ho raha hai. Quickly! Haan mtlb vahi adoption time kam ho raha hai.
telephone ko adopt hone main takriban takriban 90 years lag gaye on a contrary internet sirf
20 years main adopt ho gaya. What is this? It is exponential growth. hum logo ko bola jata hai ki this is an exponential
era.

Hum ek exponential era main hai aur hum bohot
hi tezi se interact kar rahe hai information ke saath Since humari jo capabilty hai nahi
cheexo ko aadopt karne ki vho bohiot tezi se aa rahi hai that's why jab bhi koi nai
technology aa rahi hai hum usse jaldi se jaldi adopt kar rahe hai as a society. Right! tho agar hum adopt kar rahe hai internet
ne itni jaldi. Tho agar main manta hoon ki block chain itni
zyada advance cheez hai ki it is going to change the future tho iska adoption cureve
bohot zyda sharp hone vala hai.It was launched i 2008 2009 and we are in what! 2020. And we are already moving very fast for a
asset class like this. Ki ek market cap hai jiska 260 billion dollar
ka market cap hai Right! tho vho bohot badi baat hoti hai 260 billion dollar is a huge
number. Adoption cuvre bohot zyada jaldi se aa raha
hai vho shrink ho raha hai tho we are in adoption age. Isme kuch doubts? Yahan tak you want to ask something? Bitcoin hype cycle.

This is a bitcoin chart jab se vho start hua
hai.Isse basically 3 steps main kata gaya hai. this is halfening. Bitcoin basically chalta kaise hai? What is inflation. Inflaion kitne logo ko pata hai economics
ke bohot saare students hai. Yaar ek ek karke ek ek karke energy hi aa
gayi ek dum se shit. Rise in general prices. Any body else? General rise in the level of prices. Anybody else. Mtlab koi baat nahui yaar english achi honi
chahiye. Anybody else? yaah! Decrease of purchasing power right aur! Economics graduates kahan hai? haan, acha! Yeh jo hai these are the symtoms. Purchasing power kisi bhi cheez ka kam ho
jana ya prices ka badh jana.

This is symtoms of inflation. Inflation is when supply of money increases.Right!
ab inflation kabhi bhi samjhna ho, ab bimari samjhni hoti hai tho yeh samjhte hai na ki
hui kyu? ab Corona virus hai, aaya kahan se hai ab
vho bat se aaya hai, Tho koi bhi problem hoti hai usme yeh dekho kiv ho hui kyu? Symtoms to pata chal rahe hai na mujhe hype
ho jayegi ya purchasing power kam ho jayegi. Prices bohot zyada badh jayenge kyu hoga aisa
kyunki supply of money badh jayegi tho inflation is when supply of money increases inflation
increases. Tho Bitcoin is coded in a way ki har 4 years
main uski jo supply hao vho half kar di jati hai. Jisse hum block time bolte hai tho jo block
reward hota hai usse hum half kar dete hai. Sab samjh paa rahe hai yeh baat ki jaise supposidly
pehle 50 blocks aate the yahan tak iske baad 25 aane lage abhi 12.5 aane lage abhi aane
vali hai yeh vali halfening.

Yeh vali halfening may ya june talk aa jayegi. May of 2020 ya june of 2020 tho iske baad
humme 6.25 bitcoins milenge in evry 10 minutes. for one block. Aur yeh 50 se shuru hua tha tho isse samjhte
hai ki pehla hype cycle kyu bana? Pehle hype cycle kyu bana kyunki yaar nayi
cheez aayi thi everybody was taliking about digital money ab mujhe koi cheez online kahrredni
hai tho main kaise manga sakta hoon tho mujhe ek aise cheez chahiye jisme main value transfer
kar saku. Over the night tho logo ko laga ki yaar kitni
badhiya cheez hai ki ab nahi mujhe 4 din rukna mujhe India se saman mangwana hai mujhe paise
behjne hai india parents ke pass to i can do that very easily via bitcoin kitna asan
hai easy to use easy tro store kahin aana jana nahi hai. tho pehla hype cycle bana of
digital gold digital money itself. Jo internet money ka bana. Second hype cycle kyu bana.

Vahi jo 32 dollar
vala jaise vho 2 dollar pe gira. Second hype cycle bana ki jaise humne dekha
kiBitcoin ek currency hai tho aur currency bhio ban sakti hai. Crypto currency pe aur bhi bohot kaam ho sakta
hai usse store kiya jaa sakta hai uski value badh rahi hai. crypto currencyu ka second
hype cylce kya hai ki this canm be a market. Currency bhi konsa ek hai market main thop
crypto currency bhi kyun ek hogi tho uske saath hum konsa innovation kar sakte hai . tho
yeh tha 2011 se leke 2013 tak. Yeh vala hype cycle uske baad vho bhi gir
gaya. Approximatly 1200 dollars pe gaya 1200 dollars
pe 200 dollars tak.

Pehle 32 se 2 phir 2 dollars se badhna shuru
kiya 1200 dollars tak. fir gir gaya and came back to 200 dollars fir third hyp cycle kyu
bana DAPS Decentralized replication Ethiriums Jinko pata hoga ethirium kya hai moti moti
si baat hai ki humari koi coding language hai ki humne aap store pe ek app n=banani
hai vais ehi dap banate hai. uske liye jo hum language aur aap use karte hai that is
etherium.

Theek hai! technologically mat bhi samjho
koi scene nahi hai dap kyu hi n=banegi ab youtube jaise ek platform bana sakt hoo main
dap ke upar steam bana hai vaise though vho itna sucessful nahi hai uski alag problems
hai but uspe kya hai abhi ki agar aap youtube chalate ho uspe ads dekhte ho ads ka paisa
kiske pass jata hai? Youtube ke pass because vho ek cental authority
hai jo apke power de rahi hai ki kya dikhana hai aur kya nahi sabne trump ji vala scam
dekha hoga cambridge Lit vala scam. Kitne logo ko pata hai? Marketing guys Hi! Cambridge lit ka scam is unhone manupulate
kara tha pschologically trum ko vote dalne ko Right! tho cambridge lit ka jaise scam
ho sakta hai centralized party hai na kyunki facebook ke haath main hai ki kya dekhna hai
kya nahi.

Agar main decentralized kar doonga tho jo
sara revenue hai vho batega uss community main jo usko chalayegi which are minors tho
humme iss cycle main iss hype cylce main humme pata chala ki hum decentralized hype cylcles
bana sakta hai hum kitna kuch kar sakte hai we have a lot more of opportunity fir futa
kyu kyunki logo ne aise hi dhakke se coin banane shuru kar diye keh rahe hai ki app
nahi banyege bas coin banayenge aur paise le lenge so there are always scammers but
ab market usse aage badh gayi hai. We are here 2 or 3 months away from halfening
bitcoin already 3000 dollar se badh kar 9000 dollar tak aa chuka hai. it is 3X growth 300
times 3X . Next hype cycle is about to come kya higa vj=ho hype cycle..

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