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Cryptocurrency Boom: What To Know and Why To Invest?

Tell A Story – a column where riveting South Asian stories are presented like never before through unique video storytelling.

There is a lot of buzz around Cryptocurrency and 2021 is termed as the ‘Year of Cryptocurrency’. People around the world are joining the crypto bandwagon, especially South Asians. Garnering popularity, the craze has soared heights, and economists predict cryptocurrency to be the future of economics. 

Crypto is a long-term investment that remains perpetual amidst the fluctuating trends of recession. A global currency for all that stands tall in the virtual world. The narratives are many but people worldwide still struggle to understand the basic concept of cryptocurrency and wondering how and why to invest?

Some consider it as a passing trend, many fear its volatility, yet it steals every headline opening up an avenue of investment opportunities. As of now, there are more than 300 million cryptocurrency users across the world. And nearly 12 cryptocurrency billionaires amongst the lot who made it to the Forbes’ 35th Annual World’s Billionaire List this year. 

The popularity is not a farce, never before in human history has there been a way to digitally transfer value through a system that is almost impossible to forge and secured to the core. A system that is unaffected by Dollar supremacy, fluctuations of the world economy, exchange rates, or inflation.

Cryptocurrency is an encrypted virtual currency — A currency created by computers through secure aisles of cryptography. Anyone can buy a cryptocurrency as it’s open to all with no guidelines. A decentralized digital currency, a medium of exchange with only a virtual presence.

Bought and sold via cryptocurrency exchanges, the transfer involves only two parties with no middlemen. It is this ease of transfer and security that has rocketed the reputation of cryptocurrency right from the start. The exchanges are open 24 x 7 and with low transfer fees, people are eager to embrace the virtual currency over the paper counterpart. 

Though its growth attained a spike last year amidst the pandemic, unknown to all is the fact that the legacy of cryptocurrency is more than a decade old. It all started with the 2008 recession when Satoshi Nakamoto (a pseudonym) created the first cryptocurrency, Bitcoin, as an aftermath of the financial crisis. 

It quickly became a favored method for money exchange because of the data security features offered and blockchain technology. To break down these complex concepts to their most simplified version is a two-episode series by Tell- A Story that helps any layperson understand this new trend in finance.

This first video focuses on how cryptocurrency works, the process involved, and why people prefer to invest. It also sheds light on how you can gain from cryptocurrency and what makes it different from traditional financial institutions like centralized banks. Let’s explore it further and understand the concepts for better investments and long-term sustainability. 


Suchithra Pillai comes with over 15 years of experience in the field of journalism, exploring and writing about people, issues, and community stories for many leading media publications in India and the United States.

For more such intriguing stories, subscribe to the channel. You can also follow the stories on Facebook @tellastory2020 and Instagram @tell_a_story2020


 

Satyajit Ray's 'Bankubabur Bandhu'

How Satyajit Ray Influenced E.T.: Remembering the Legend on His 100th Birthday

Tell A Story – a column where riveting South Asian stories are presented like never before through unique video storytelling.

May 2021 marks the 100th birth anniversary of legendary Indian filmmaker Satyajit Ray. Though centenary celebrations are stalled amidst pandemic, filmmakers across the globe paid respects and remembered one of the world’s finest directors, who still remains the only Indian filmmaker to have received the renowned Academy Award.

Ray directed 36 films including feature films, documentaries, and shorts that earned international acclaim. In his lifetime, he was bestowed with many accolades – 32 national awards that include the six National Awards for the Best Director, which is the most by any filmmaker so far. 

But did you know there is an inconspicuous mystery that surrounds his illustrious career including deceit? Though Ray had laid his footprint in Hollywood in the 1960s and even grabbed an opportunity with Columbia Pictures for making a movie, he was unfortunately deceived and later got disillusioned with the project.

In the 1980s, Steven Spielberg came up with the much-acclaimed Hollywood movie E.T. the Extra Terrestrial. The movie faced plagiarism charges for having replicated an Indian Filmmaker’s script, who was none other than Satyajit Ray. 

Unknown to many, Ray had penned down the first-ever script on aliens in 1967 named ‘The Alien’. The screenplay was based on his Bengali science fiction story, Bankubabur Bandhu, published in Ray’s family magazine, Sandesh. He had envisioned a movie on aliens, discussed its pursuance with Hollywood producers, and even had talked for a US-India co-production with renowned actor Peter Sellers and Marlon Brando as leads.

The striking similarity between the Hollywood movie E.T and Ray’s alien indeed became a talk of discussion. It is believed that this was one of the main reasons for E.T underperformance at the Oscars, only receiving technical awards. Rumors also claim that it is guilt that compelled Spielberg to recommend Ray’s name for the Academy Awards.

Tell-A-Story unveils this obscure mystery through this video story detailing the facts that uncover the resemblance between E.T and Ray’s Alien. It unearths the story behind Ray’s journey to Hollywood, the talks he had, and the bare truth that he revealed in his own words. A remarkable writer cum director, an exceptional illustrator, storyteller, and music composer, Satyajit Ray’s astounding creations continue to marvel filmmakers across the globe and no wonder he is still commemorated as one of the World’s greatest filmmakers.

For more such intriguing stories, subscribe to the channel. You can also follow the stories on Facebook @tellastory2020 and Instagram @tell_a_story2020


Suchithra Pillai comes with over 15 years of experience in the field of journalism, exploring and writing about people, issues, and community stories for many leading media publications in India and the United States. Tell-A-Story is her latest venture into video storytelling that includes video narratives along with thought-provoking content in less than 5 minutes, to engage and entertain the audience.


 

Designer Babies: The Genetic Saviors

Tell A Story – a column where riveting South Asian stories are presented like never before through unique video storytelling.

Genetic Engineering has always been a promising field of science right from its inception, but to advance to a level where babies can be designed before conceiving is definitely fascinating to note. 

Known as Designer Babies, their genetic makeup is pre-selected and altered to serve a purpose as needed. Using pre-screening and gene editing, many such babies have been created so far to save families. Conceived to save siblings from rare genetic disorders, they are also termed as savior siblings. 

It’s been 20 years since the first designer baby was born to the Nash family from Denver, Colorado, but the news is still a miracle to many. Adam Nash was conceived for his stem cells from the umbilical cord, which was later used for the life-saving treatment for his sister suffering from Fanconi’s Anemia. The controversial decision though saved his sister from the rare genetic disorder, it triggered an ethical battle and the family still continues to fight the backlash. 

Many questioned them for the motive of conception and few demanded explanation for challenging Darwin’s theory of evolution. Scientists continue to fear the consequences that may evolve in the future as the technology develops and gets adopted by the masses. 

The success of the first designer baby opened doors for many families that have a legacy of rare inherited genetic diseases. Since 2000, many countries have emulated the technology to save families. India had its first savior baby in 2018. Kavya Solanki conceived to save brother Abhijit from a rare blood disorder, thalassemia major. 

This powerful technology involving alteration of DNA sequences and modification of gene function is known as CRISPR technology. In-vitro fertilized embryos are genetically screened using preimplantation genetic diagnosis to find the one embryo that would be a potential bone match for their older siblings. Following this, the genetic makeup is selected or altered, often to include or remove a particular gene or genes associated with a disease that runs in the family. 

Though benefitted a few, scientists fear the rise of an elite class of genes created with illegal intentions. Gender diagnosis, trait preferences, the endless list of alarming consequences goes on; that may pose a major threat. Few scientific researchers have also raised concern over the health risks to human species with such creation of future generations. 

Tell-A-Story sheds light on this unique technology and its prospects while sharing the experiences of those families who have had designer babies, as they talk about the backlash, the need, and question of consent of the newborn. The video story also addresses the legal framework, future implications, and what lies ahead! 


Suchithra Pillai comes with over 15 years of experience in the field of journalism, exploring and writing about people, issues, and community stories for many leading media publications in India and the United States.

For more such intriguing stories, subscribe to the channel. You can also follow the stories on Facebook @tellastory2020 and Instagram @tell_a_story2020