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Student is provided with multiple-time UPSC CSE interview-appeared Personal Coach.
Whenever you're stuck, your mentor will help you save time, energy, and money, keeping you on right track. They'll tailor solutions to your preparation stage and background, providing sources, methods, and motivation when needed!
You can discuss everything with your Mentor: Answer Writing, Prelims Preparation, Mains Preparation, Strategy...ANYTHING!
âTo the extent it is used I fear itâs often for illicit finance. Itâs an extremely inefficient way of conducting transactions, and the amount of energy thatâs consumed in processing those transactions is staggering,â the former Fed chairwoman said. Yellenâs comments have been cited as a reason for bitcoinâs recent losses. However, Yellenâs assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.
