Sunday, November 28, 2010

How social are Social media?

The increasing presence of corporates in social media like Facebook, Linked In, Twitter does not augur well. Their presence is only making social media into commercial media.
Time for these guys to create two separate classes - social and business class.
And consumers should have a choice - do I go for social class or business class or both.
This not only segregates my social life from business; but also opens up a different revenue line for the media.
Let us keep our social media social; let's stop the commercialising it now.

Monday, November 1, 2010

Cash is my only GOD!

http://www.finextra.com/news/fullstory.aspx?newsitemid=21911


This weird 'fatwa' by Somali Islamists seems to reiterate the fact that only paper money (cash) is the God they recognize! I found this quite intriguing.

I have heard and even empathized with numerous objections to mobile / E -money - security, cost, usage issues, etc. But I haven't seen anything like this!

The 'green shoots' of Mobile money and Electronic payments can do without another naysayer - that too seemingly with religious sanction. In fact, what we need a declaration by all religions of the world endorsing electronic payments against cash.

A cashless society is not going to be a Godless society!