What I read this week: How bitcoin represents perfect mania - News Summed Up

What I read this week: How bitcoin represents perfect mania


(Source: India financials: Sand is shifting)Most of the financial companies which we talk to are focusing on the retail loans. The drivers of medical tourism in India include a substantially lower cost of treatment, shorter waiting times and delivery of high-quality services. The number of medical visitors to India has almost doubled between 2014 and 2016.While a comprehensive medical tourism policy is in the works, some concrete and implementable measures in the short-term can go a long way in helping India realize its full potential in medical tourism. Another opposing thought you must accommodate is the fact that bitcoin players can make an awful lot of money while the mania grows, before the comeuppance. In many ways, bitcoin represents the perfect mania – as there are zero cashflows or dividends or earnings involved with this asset class, there is literally no traditional way in which to value it.


Source: Economic Times December 03, 2017 09:56 UTC



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