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mephentis

@mephentis

193 Following
70 Followers
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mephentis
@mephentis
ITAP of a unicorn eating some green leaves, because even unicorns gotta eat. This is not an imaginary unicorn. Meet the real live, flesh, blood and armored 'rhinoceros unicornis' aka, the one horned rhino from Kaziranga, Assam. Next time someone doubts the existence of unicorns, show them this. #ITAPRound11
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mephentis
@mephentis
Flowers for Friday.
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mephentis
@mephentis
ITAP of a jolly judge. May we have a lot more of these!
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mephentis
@mephentis
Interesting report from Coinswitch, on how India invests in crypto. It's clear now that India’s crypto market is booming, driven by Delhi-NCR, which leads investments with nearly double the activity of Bengaluru, followed by Mumbai, Hyderabad, and emerging cities like Jaipur, Patna, Ludhiana, and Surat. Delhi investors prefer bluechip and large-cap cryptos, while smaller cities diversify into small caps. On the asset front, BTC and ETH dominate portfolios, but India's growing love for meme coins is striking, with $DOGE leading at 55% of meme coin investments. $PEPE emerged as the year’s star performer with a staggering 1373% gain, followed by $BONK and others. L1 tokens continue to attract the most interest, making up 37% of investments, while meme and gaming tokens are gaining significant traction. https://www.thehindubusinessline.com/money-and-banking/cryptocurrency/delhi-and-bengaluru-lead-in-indias-crypto-investments-as-bitcoin-crosses-100000-in-2024/article68995671.ece
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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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mephentis
@mephentis
ITAP of trees on a Tuesday, Because every Tuesday deserves trees. Don't you forget it! :) These trees are part of a forest reserve called #pobitora in Assam. The pathway leads to more trees and dreams.
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mephentis
@mephentis
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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mephentis
@mephentis
The Govt of India answers a parliamentary Qs. regarding the introduciton of web3 regs in India. Takeaways: (1) legacy laws re- IT, income tax, GST, PMLA, companies already amended; (2) waiting for international consensus and coordination (G20, etc); (3) might see a discussion paper; (4) formal and informal consultations with industry ongoing(can attest to this); (5) no specific timeline. Not sure how I feel about this, its something... Where do your jurisdictions compare? Where is the regulatory arbitrage today?
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mephentis
@mephentis
ITAP of a sunny day, inviting me to soak in it ... touch some grass.
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@mephentis
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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mephentis
@mephentis
ITAP of my garden mate. So cool, blood goes cold.
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mephentis
@mephentis
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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mephentis
@mephentis
ITAP of my garden today! Have a good garden day you all! May the sun shine brightly this weekend!
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mephentis
@mephentis
ITAP of my garden today.
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@mephentis
ITAP of a hoppers munching away to glory on my butterfly pea flower leaves. May we all eat our greens in the sun.
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mephentis
@mephentis
This pup does not like plastic.
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@mephentis
Walking around my neighborhood I often meet friendly strays chasing me down to say hello, and extract a few pets. Gotta love the love.
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mephentis
@mephentis
ITAP of a red pierrot butterfly snoozing outside my window. How peaceful as it sways in the night winter breeze.
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mephentis
@mephentis
ITAP of my proud pupper...Covi.. who is transfixed by a meal. She broke into my compound during the first covid lockdown and refused to leave. Life was tough for strays back then. She was partially hairless, and pretty malnourished. A lot of healthy food and bone broth soups later, she's her best self.
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mephentis
@mephentis
ITAP of a reddish pink invasion in my garden. Nature loves in all colours!
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