Mar 15, 2015

'Mother' Theresa and Mohan Bhagwat

Reaction to the statement on 'Mother Theresa' by Mohan Bhagvat creates ripples, ire, protest from all quarters. Couple of years ago, even hindus hardly protested when Jayalalitha and congress (hand in glove) arrested and abused Shankaracharya! Eventually he was aquitted of all charges.  Not even a handfull was even bothered to react like how the christian community did to support Theresa. Thats the fate of Hindus everywhere, anywhere.

We need a Bhagavat to keep Hindus from being pounded from several vested groups.

If you check history of all episodes on various TV channels and print media, you will see how they abused, belittled Kanchi's Shankaracharya even before court gave it's verdict. The damage done in the society is irreversible.

Now, will the same media treat Theresa the same way if Mohan Bhagvat can anyday prove her intentions of 'service'?

Mar 13, 2015

No Currency Minting Please.....!!

If America's majority can live on Credit Cards, if many Indians use Credit and Debit cards, there is absolutely no paper money needed. Do away with coins too!

Save Lakhs of Crores by doing away with hard cash. Just like how offices go paperless, currency can go Mintless!

That means your money will be electronic. As such it sure is! Then why not expand the entire currency dealing to electronics?

Advantage? No money goes unaccounted. No transaction will be a secret. No one can steal your money! 

How to keep track of your money and not let some hackers simply move your digital money to another account? Well, our scientists, economists, mathematicians are brilliant. They will find a way out. As a layman, I think every source of your money must establish links to your destination account. Means, your company that pays your salary must link their "security transaction link" to your bank account. If your tenant pays rent, he pays it by bank. The transaction establishes link to your account. This way numerous sources will setup links to your account and your account does the same to whoever you pay.

Why is this linking required? Because that is by itself a security lock over each and every account. If someone must hack it, the network will alert the banks and account holders. Unless entire link can be delinked there is no way to make an illegal alteration to your account.

How to then handle smaller (petty) amounts? Oh well, then let there be the smaller denominations lesser than Rs 10 in the circulation. :)

(Corrected spelling: Alternation to Alteration. 17th Dec 16)