mephentis (mephentis)

BTC is property.. at least for capital gains purposes. Seems kinda obvious, but good to have it confirmed. Nice article on the latest developments in this regard ( I'm quoted in it.. so gentle self plug :) https://decrypt.co/297049/india-tax-regulator-crypto-capital-gains-tax

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While India waits and watches... it's neighbors Thailand zooms ahead, A wise sage once said " one must risk it, to the the the biscuit' ! Words to live by. https://www.cryptotimes.io/2024/12/14/thailand-to-accept-bitcoin-boosting-crypto-tourism-globally/

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For most.. CBDCs = transparency, yet surveillance fears abound... unlike cash, there’s no anonymity. For India, where cash is king for millions, adoption depends on trust. Will people trade convenience for privacy? https://cointelegraph.com/news/shaktikanta-das-vision-india-digital-rupee-cbdc

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I'm sure intentions are good, but the results are mixed. It seems when it comes to direct taxes, the Indian is standing on a whale fishing for minnows! https://www.esyacentre.org/documents/2024/12/9/the-impact-of-indias-vda-tax-policy-an-update

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