🔆How Jahangir Fell for British Charm & Paved the Way for Colonization
đź“ŤJahangir & Thomas Roe: âś… Jahangir was enchanted by the gifts and tales of England presented by Sir Thomas Roe, the British envoy. âś… His fascination with British novelty overshadowed the deeper political & economic motives of the East India Company (EIC).
📍Missed Warnings & Consequences: ✅ Jahangir’s indulgence in luxury blinded him to EIC’s strategic ambitions. ✅ British traders slowly gained economic foothold, which later expanded into political control. ✅ This early diplomatic complacency contributed to India’s eventual colonization.
âš–Historical Lesson: âś… A reminder of how diplomatic misjudgments can alter the course of history. âś… Forethought & strategic caution are crucial in foreign relations & economic policies.
🔆How Jahangir Fell for British Charm & Paved the Way for Colonization
đź“ŤJahangir & Thomas Roe: âś… Jahangir was enchanted by the gifts and tales of England presented by Sir Thomas Roe, the British envoy. âś… His fascination with British novelty overshadowed the deeper political & economic motives of the East India Company (EIC).
📍Missed Warnings & Consequences: ✅ Jahangir’s indulgence in luxury blinded him to EIC’s strategic ambitions. ✅ British traders slowly gained economic foothold, which later expanded into political control. ✅ This early diplomatic complacency contributed to India’s eventual colonization.
âš–Historical Lesson: âś… A reminder of how diplomatic misjudgments can alter the course of history. âś… Forethought & strategic caution are crucial in foreign relations & economic policies.
BY CSE EXAM ( UPSC prelims mains) CAPF
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n the U.S. people generally use Bitcoin as an alternative investment, helping diversify a portfolio apart from stocks and bonds. You can also use Bitcoin to make purchases, but the number of vendors that accept the cryptocurrency is still limited. Big companies that accept Bitcoin include Overstock, AT&T and Twitch. You may also find that some small local retailers or certain websites take Bitcoin, but you’ll have to do some digging. That said, PayPal has announced that it will enable cryptocurrency as a funding source for purchases this year, financing purchases by automatically converting crypto holdings to fiat currency for users. “They have 346 million users and they’re connected to 26 million merchants,” says Spencer Montgomery, founder of Uinta Crypto Consulting. “It’s huge.”
How to Invest in Bitcoin?
Like a stock, you can buy and hold Bitcoin as an investment. You can even now do so in special retirement accounts called Bitcoin IRAs. No matter where you choose to hold your Bitcoin, people’s philosophies on how to invest it vary: Some buy and hold long term, some buy and aim to sell after a price rally, and others bet on its price decreasing. Bitcoin’s price over time has experienced big price swings, going as low as $5,165 and as high as $28,990 in 2020 alone. “I think in some places, people might be using Bitcoin to pay for things, but the truth is that it’s an asset that looks like it’s going to be increasing in value relatively quickly for some time,” Marquez says. “So why would you sell something that’s going to be worth so much more next year than it is today? The majority of people that hold it are long-term investors.”
