Bitcoin is the world's first and largest decentralised digital cryptocurrency, created in 2009 by the pseudonymous individual or group known as Satoshi Nakamoto, operating on a peer-to-peer blockchain network without any central bank, government authority, or intermediary controlling its issuance or transactions. Bitcoin is produced through a computationally intensive process called 'mining,' with its total supply permanently capped at 21 million coins — a deflationary design that proponents argue makes it a store of value akin to digital gold. Bitcoin transactions are recorded on a public, immutable blockchain ledger and are secured by cryptographic proof. In India, cryptocurrency income — including Bitcoin gains — is taxed at a flat 30% rate under the Finance Act 2022, with a 1% TDS on crypto transfers above specified thresholds. While Bitcoin is not directly traded on Ventura Securities' platform, understanding Bitcoin and cryptocurrency market dynamics is increasingly important for Indian investors, given its growing correlation with global risk appetite, institutional adoption, and its influence on fintech and blockchain-related equity investment themes.
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