CKRAVI Posted October 23, 2015 Author Report Posted October 23, 2015 No idea bro, Check this time: http://profit.ndtv.com/news/corporates/article-ratan-tata-american-express-invest-in-digital-currency-start-up-1235511?utm_source=ndtv&utm_medium=top-stories-widget&utm_campaign=story-16-http%3a%2f%2fprofit.ndtv.com%2fnews%2fcorporates%2farticle-ratan-tata-american-express-invest-in-digital-currency-start-up-1235511
KeyserSoze Posted October 23, 2015 Report Posted October 23, 2015 Guys have you read about Ratan Tata and Amex funding the virtual currency company Abra with a undisclosed amount.. I think they are gonna hit a jackpot with that chadiva...but in general its too complicated to crack the financial sector...lot of startups gave a shot but none succeded...India lo chillr ani app undi and lot of banks hav their own peer to peer money transfer apps.
donganaaK Posted October 23, 2015 Report Posted October 23, 2015 chadiva...but in general its too complicated to crack the financial sector...lot of startups gave a shot but none succeded...India lo chillr ani app undi and lot of banks hav their own peer to peer money transfer apps. India lo virtual currency transactions banned ankunta kada, because of money laundering concerns.... Some time ago Bitcoin ni accept chesetollu Mumbai lo at some places but later govt banned it.
CKRAVI Posted October 23, 2015 Author Report Posted October 23, 2015 chadiva...but in general its too complicated to crack the financial sector...lot of startups gave a shot but none succeded...India lo chillr ani app undi and lot of banks hav their own peer to peer money transfer apps. Do the banks transfer money in cryptocurrency ? Kadanukunta satoshi
CKRAVI Posted October 23, 2015 Author Report Posted October 23, 2015 India lo virtual currency transactions banned ankunta kada, because of money laundering concerns.... Some time ago Bitcoin ni accept chesetollu Mumbai lo at some places but later govt banned it. Nenu adhe anukunna, But if Ratan Tata is investing I guess they are bending the rules to make themselves profitable
donganaaK Posted October 23, 2015 Report Posted October 23, 2015 Check this time:http://profit.ndtv.com/news/corporates/article-ratan-tata-american-express-invest-in-digital-currency-start-up-1235511?utm_source=ndtv&utm_medium=top-stories-widget&utm_campaign=story-16-http%3a%2f%2fprofit.ndtv.com%2fnews%2fcorporates%2farticle-ratan-tata-american-express-invest-in-digital-currency-start-up-1235511 Sounds cool, it sounds just like bitcoin
KeyserSoze Posted October 23, 2015 Report Posted October 23, 2015 India lo virtual currency transactions banned ankunta kada, because of money laundering concerns.... Some time ago Bitcoin ni accept chesetollu Mumbai lo at some places but later govt banned it. ya nenu cheppindi chiilr and other bank apps which are digital cash apps not cryptocurrencies ..abra India lo ledu but ratan tata invest chesindu
donganaaK Posted October 23, 2015 Report Posted October 23, 2015 Nenu adhe anukunna, But if Ratan Tata is investing I guess they are bending the rules to make themselves profitable These guys invest in 100s of startups because u never know which one will take off, if the idea and the core team is nice they'll just invest in them... India lo FEMA regulations are very strict, it's highly impossible to manipulate them
CKRAVI Posted October 23, 2015 Author Report Posted October 23, 2015 ya nenu cheppindi chiilr and other bank apps which are digital cash apps not cryptocurrencies ..abra India lo ledu but ratan tata invest chesindu Yup just noticed Founded in 2014 by serial entrepreneur Bill Barhydt, Abra is based in Silicon Valley, California.
donganaaK Posted October 23, 2015 Report Posted October 23, 2015 ya nenu cheppindi chiilr and other bank apps which are digital cash apps not cryptocurrencies ..abra India lo ledu but ratan tata invest chesindu Cool got it, the market is already littered with apps similar to chillr in India I guess... Even airtel kuda ochindi ankunta kada recent ga with a similar app
KeyserSoze Posted October 23, 2015 Report Posted October 23, 2015 drastic innovation in financial sector is not good for world economy. Usually leads to disaster and may cause huge reppurcussions throughout the world. Last time when some well known financial organizations tried betting against housing bonds in US we know what happened.
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