Jesse Pete

Benefits of Writing on Beetechnical over Having Your Own Blog beetechnical.com/guest-post/ben… #Guest Post

"In the new era of Blockchain, it is no longer about the underlying technology but more about how improving efficiency to meet the realistic expectations," @AvinashPitti speaks about reimagining the #blockchain industry #Starfleet #HyderabadMeetup #India

@DesiCryptoHodlr 640 crypto projects failed to deposit a single.line of code in 2019 and their collective market cap is $415 million. Its human who is corrupt and no matter the tech, corruption will go hand in hand with human existence.

Last 4 years Indian Banks "lost" ₹3,50,000 Crores in bad loans (More than GDP of 100 Nations) To cover this, they charge minimum balance, ATM fees Adopting public ledgers means all losses would be visible to public No wonder they're against public decentralized #cryptocurrency

@coincrunchin @pareen The story is still developing and recent progress is that he might be involved in hawala too. The article is one sided and half researched, making an opinion when the whole story is yet to come out. Even the signatures on note and annual reports do not match! Irresponsible

The news about #Coffeeday and #vgsiddhartha has compelled us to look again at the state of Entrepreneurship in India. @pareen opines about the price that startup founders pay in India. coincrunch.in/2019/07/30/pri…

@ThatNaimish Wish they consider banning these PSEs too. Misuse of taxpayers' money

This is the state of Public Sector Enterprises in India. It's the #taxpayer who is bearing the burden of these failed enterprises. These PSEs should be banned respected FM @nsitharaman ji

State PSUs… Zombieland Of Taxpayer Monies bloombergquint.com/opinion/state-… via @BloombergQuint

Honb'le Prime Minister @narendramodi ji! If banning #cryptocurrency in India is a solution by the committee then I fail to understand how banning it for common man who is ready to pay taxes will deter the criminals who will continue their activities even after the ban.

@DwivediAbhi @ThatNaimish @DrGPradhan @TimDraper How exactly money laundering can be stopped by banning crypto for normal people? Unless the country is full of 'law abiding and deshbhakt criminals' who decide to abandon crypto thinking oho crypto to ban ho Gaya ab hum iske through money laundering kaisa karenge 😂😂😂😂😂

@JessePete4 @ThatNaimish @DrGPradhan @TimDraper Check the source you are referring to. CoinDesk will of course try to paint an original report (which I shared) to the one which favours their point of view... No point dragging along...

@DwivediAbhi @ThatNaimish @DrGPradhan @TimDraper 'Transparency as banking channels'😂😂😂😂

@ThatNaimish @DrGPradhan @TimDraper India is too vulnerable to terror funding. Crypto does not have as strong rules/regulations/transparency as banking channels (even at a global scale). Unless that is sorted out , free usage is going to hit us hard big time.

@DrGPradhan @TimDraper What's the problem is considering Crypto as asset and tax it?

@DwivediAbhi @ThatNaimish @DrGPradhan @TimDraper Check the excerpt that you have sent. It talks about regulations not ban.

@DwivediAbhi @consciousskarma @DrGPradhan @TimDraper And how do you track cash exactly? Heard about HSBC money laundering case wherein they were involved with Mexican drug cartels for decades. They got away by paying a fine of roughly $2billion.

@consciousskarma @DrGPradhan @TimDraper That is the myth. What you think is traceable is just finding out point A to point B. You cannot trace who is behind that (it''s not easy either).

@DwivediAbhi @ThatNaimish @DrGPradhan @TimDraper Also I hope you know the difference between tough regulations and ban

@JessePete4 @ThatNaimish @DrGPradhan @TimDraper May be you can show me up where ECB claims that. In the new AML directive they want to put strong regulations, far from saying they are no threat. May be a good read for you: europarl.europa.eu/cmsdata/150761…

@DwivediAbhi @ThatNaimish @DrGPradhan @TimDraper Banks like PNB easily come up and say that they have detected fraud after 5 years? That too a junior level officer becomes the scapegoat? Govt then infused thousands crores in these corrupt banks. It is the taxpayer money that bureaucrats are gobbling..

@ThatNaimish @DrGPradhan @TimDraper Will put up a post soon to answer all these questions.

@DwivediAbhi @ThatNaimish @DrGPradhan @TimDraper Also, why so much fear from the law abiding citizens and entrepreneurs who are crying for regulations and ready to pay taxes? Focus of the bureaucrats is crypto which is so small when compared to Mammoth public banks.