As we work hard to earn a fantastic living and pay our charges, additionally, there are crooks who generate a living by robbing from unsuspecting victims. Thus, we should instead always be on guard from such individuals by securing our personal data and making sure that they may not be extracted from us and employed for crooks' advantages India's income tax authorities are sending a tax notice to half a million bitcoin users who are trading in encrypted currencies. The market can indeed be described as a laissez-faire pricing mechanism. However, this price mechanism does not operate in a vacuum, and does not work effectively in any social system. The basic premise of the efficient operation of the price mechanism is the implicit assumption of Smith: to recognize individual "lusts" and to clear and protect individual property rights. Clear and guaranteed personal property is the basic premise of market existence. It is necessary to recognize the personal "lusts" and to ensure that individual property rights are supported by the corresponding institutions, which are not in our society. disappointing because of the best performance of the global economy since the financial crisis.