sanujit majhi (sanujitmajhi)

zkSync Airdrop Update 🚨 @zksync is testing a geographic IP block for the $ZK airdrop. They may exclude some regions, including the US, Canada, and some African and Asian countries, from the upcoming airdrop 🪂

• 0 replies
• 0 recasts
• 2 reactions

Learning more About x402 ⚡️ Join Telegram to connect with Web3 developers & Also Join The Airdrop Channel Below !

• 0 replies
• 0 recasts
• 2 reactions

Understanding Crypto Taxation in India 🇮🇳 1️⃣ Spot Trading = VDA (Virtual Digital Asset) Buying/selling crypto on spot markets (like Binance,CoinDCX, etc.) comes under VDA taxation. ➡️ You pay 30% flat tax on profits, no deduction, no loss offset, and 1% TDS on each trade. 2️⃣ Futures & Options = Derivatives If you trade crypto Futures or Options, they are treated as Derivatives, not as VDAs. ✅ These are taxed under business income or capital gains, depending on how you trade. 3️⃣ Taxation on Derivatives If your annual profit > ₹12 lakh 👉 You’ll be taxed according to your normal income tax slab. No fixed 30% rule applies here (unlike spot/VDA). 4️⃣ Example Platform Delta Exchange 🇮🇳 Platforms like Delta Exchange allow Indian users to trade crypto derivatives (F&O). Check this explainer video 🎥: 🔗 youtu.be/jtL6XtNRkV8?si…

• 0 replies
• 0 recasts
• 1 reaction

At the end of the day, everything is ultimately tied to energy and the deflationary value of time and effort. When you invest time to learn a skill, you're performing your own version of proof of work. Time is a deflationary asset once spent, it can never be recreated which is why the output of your effort becomes valuable by nature. Bitcoin works on the same principle. Its value comes from the real-world energy, time, and computational work required to mine it. Just like gold, Bitcoin cannot be created instantly or inflated at will. For example, extracting another 50% of the Earth's gold would take thousands of years, and mining the remaining 50% of Bitcoin will take more than 100 years due to its programmed halving cycles. That scarcity, paired with the energy cost, is what makes Bitcoin unique and valuable. Gold is scarce because nature made it hard to extract.Bitcoin is scarce because code made it hard to produce. Your skill is scarce because time makes it impossible to duplicate.

• 0 replies
• 0 recasts
• 2 reactions