Friday, January 17, 2014

Bitcoin - another wonderful opportunity that will pass me by

Bitcoin is a rapidly growing non-country specific digital currency that taken the world's economists by storm. Since it does not belong to one country no one can govern or control it. The acceptable is growing rapidly and soon we all are going to have to live with maintaining a bitcoin account too. particularly if we are travelling abroad.. Also bitcoin mining has gone crazy and there still is opportunity there. Hardware is fairly cheap and just like when I had predicted the rise of Android, in the next 3 years, I will be sitting back and wondering why I never set up a bitcoin mining company. :-)
I see stuff quite early but dont do anything about it. Only about one thing I am quite sure. In India living in rural places with a fair amount of city like facilities is going to become quite popular. The reverse migration of the rich from the cities will happen in the next 10 to 20 years. Thats when I will select where to go. No point in choosing a country house now and later not really liking it.