Is The iPhone Value For Money Or Waste Of Money?

THE EXPENSIVE HABIT OF IPHONE BUYING! After months of unprecedented hype and rumours, Apple finally took the wraps of the iPhone X at an event at the Steve Jobs Theatre in Cupertino yesterday. The iPhone X has been launched to commemorate the tenth anniversary of the iPhone and as a result is the most radical update to the iPhone line-up yet. But all this extravagance comes at a cost. You will have to pay a king's ransom to get your hands on the iPhone X when it arrives in India on November 3. Smartphones have been getting expensive year on year. There was a time when a device costing more than Rs 50,000 was completely unheard off. But now the iPhone X has shattered all price barriers. Let me put it into perspective. Two Samsung Galaxy S8's can be bought for Rs 1,15,000. A fancy 250cc bike can be bought for Rs 1 lakh. One iPhone X can be bought for Rs 1,02,000. There is a cheaper model with 64GB storage for Rs 89,000. But even that seems a bit too much at first glance. The last time Apple overhauled the design of the iPhone was with the iPhone 6 in 2014. They...

WILL THE BITCOIN BUBBLE BURST ?

The Great Bitcoin Scam At the outset, let me clarify that Bitcoin itself is not a scam, but how Bitcoin is being sold is a scam. More about that below. To start out, it is important to understand what Bitcoin really is. It would be easy to bore you with a discussion of the technology, about peer-to-peer servers and sophisticated algorithms, but that is not what you need to know. What you need to know about Bitcoin is that distilled to its technological essence, each Bitcoin is simply a number. That's it: A number. It is simply a series of digits, with each number being assigned to each Bitcoin. To illustrate, I'll randomly pull a $1 bill from my wallet, which bears No. L88793293J. Assuming some minimal level of competency by the U.S. Treasury, no other bill bears that number. The face value of a $1 bill is, of course, just $1 dollar. But two people could privately agree that No. L88793293J is actually worth $5,000. To illustrate Fred wants to buy Joe's golf clubs, but Fred doesn't want his wife to know -- at least just yet -- that he spent $5,000 for golf clubs. So, Fred and Joe agree that No. L88793293J is...

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