Saffron’s most remarkable characteristic is that it is the only spice known to have survived for so long in the Indian subcontinent. The reason for this is that the spice was planted in India centuries before European settlers came to the subcontinent. In fact, saffron is believed to be “Sri” in Sanskrit. So saffron is a product of India’s history.
The earliest saffron seeds date to a prehistoric age when people in India used its roots to prepare food. It was only after the Europeans came to know of the spice that they began to use it to make sauces in the 16th century.
The spice took off as a delicacy in Europe and in America when people in British India began using saffron to enhance their curry and julienne sauces. Saffron was also used as a medicinal spice in India, where it was popularly believed that it could cure diseases such as rickets and tuberculosis. Saffron oil was used to make candles, as a substitute for candle wax and as a remedy in Ayurveda medicine due to its high concentration of essential nutrients.
Saffron’s culinary history is also tied together with the birth of India
The cultural significance of saffron goes back to pre-historical times. The ancient Greeks and Romans enjoyed saffron’s medicinal properties, in fact, the Romans called it “hymema”. In ancient India, saffron was revered as a divine medicine, a “living medicine” and a cure for all diseases.
A recent article in the Financial Times by Neil Wilson about the importance of Bitcoin and blockchain technology went viral. He points out that the rise of these “blockchains,” (as they are commonly called) has the potential, but to date, has been too little and too late in reaching the masses.
The article is called “Can Bitcoin replace the bank?” and it provides insights into the current state of the Bitcoin ecosystem.
Although Wilson goes through many of the most popular points about Bitcoin and Blockchain technology, he is careful to mention the shortcomings of the existing system. He says, “The new technologies — Blockchain and Bitcoin — have raised a lot of buzz this year and there are exciting developments but there are limitations to where this can go. The fact that the financial sector doesn’t really understand (the technology) is an issue and that worries me.”
What do you think about Wilson’s article?
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