Very interesting read but I think you glossed over one important fact - that emotion plays into investing. And many will continue to buy up Amazon stock becuase they are very loyal to the brand (very similar to Apple in my opinion).
Amazon has great products, great prices and great customer service. Many of these customers will buy the stock and drive up its prices.
The author did a great job of laying out both the potentials and perils of investing in India.
I've had my eye on India for a while. I for one am very optimistic about the mandate given to Bharatiya Janata. I believe they will finally be able to implement the economic reforms so badly needed in the country. It will be a major boon both for India and its investors.
Very interesting article that offers much to contemplate.
In the end though, the lack of protection would stop me, as a consumer, from using bitcoin. If a company wants to offer that as a payment option, fine. I certainly see the benefits of no chargebacks. But too often I've had to go through my credit card company to ensure I receive a refund I was rightfully due. I don't see Bitcoin doing that. Plus I get points from my credit card which I can cash it for miles, gift cards or even a statement credit.
If a company only offered bitcoin as a payment method, I simply would take my business elsewhere.
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Very interesting read but I think you glossed over one important fact - that emotion plays into investing. And many will continue to buy up Amazon stock becuase they are very loyal to the brand (very similar to Apple in my opinion).
Amazon has great products, great prices and great customer service. Many of these customers will buy the stock and drive up its prices.
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The author did a great job of laying out both the potentials and perils of investing in India.
I've had my eye on India for a while. I for one am very optimistic about the mandate given to Bharatiya Janata. I believe they will finally be able to implement the economic reforms so badly needed in the country. It will be a major boon both for India and its investors.
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Very interesting article that offers much to contemplate.
In the end though, the lack of protection would stop me, as a consumer, from using bitcoin. If a company wants to offer that as a payment option, fine. I certainly see the benefits of no chargebacks. But too often I've had to go through my credit card company to ensure I receive a refund I was rightfully due. I don't see Bitcoin doing that. Plus I get points from my credit card which I can cash it for miles, gift cards or even a statement credit.
If a company only offered bitcoin as a payment method, I simply would take my business elsewhere.