Sati Savitri is a well known puranic figure from Srimad DeviBhagwatham and Mahabharatha as one of those who fought with Yama to save her husband.
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#SatiSavitri #RealLifeExperiences #BharatDarshana
Bharat Darshana publishes a small monthly magazine which has some very interesting puranic anecdotes and snippets.
When I picked up this month's magazine, I was intrigued by a story which I want to share as below
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Sati Savitri is a well known puranic figure from Srimad DeviBhagwatham and Mahabharatha as one of those who fought with Yama to save her husband.
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The story occurs in 1975 with Prof and his wife in Delhi with professor working as a researcher in university. Prof's family is in Allahabad in a large joint family
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Mother-in-law & Daughter-in-law go out for shopping frequently
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His mother is distressed about the situation and requests her son to take her to the native. Prof is a little angry due to frequent travels and turns it down
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Mother is not happy, but helpless. As fate would have it, Prof's nephew visits from his village and his mother says she will go with him to the village.
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Life's back to normal to the Prof for 15 days after which they receive a telegram that "Mother has passed away"
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They book tickets and go their native all along praying that this is not a true incident
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All those around say, "If someone else would have told, we wouldn't have believed it. But we are those who were present through this experience"
This is what transpired....
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She circumambulates the bed 7 times, goes to Ganga and takes a dip. She gets a small pot of Ganga Jal and offers to the Devi at her home
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Saying so, she sits next to his cot. Looking at her, her husband says: You look more beautiful than the day we got marrie
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With passing time, she develops fever. Her husbands starts to improve while her condition deteriorates.
One of her sons would have come from Kolkotta. When he wishes to go back, she asks him to stay back for 1 more day
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
