William
@WilliamDollarz
Bitcoin specifically is actually down about 5% over the past 24 months. But if you invested in bitcoin four years ago, you would have tripled your money. Yes, Bitcoin trading is completely legal in India. That means, people can buy or sell Bitcoins through crypto exchanges providing their services in the country. Though there arenrsquot any regulations prescribed by the Indian government or any such regulatory body so far, Bitcoin trading is allowed in India. Bitcoin was created to overcome the existing monetary and financial system. In 2008, the pseudonymous Satoshi Nakamoto published the concept. Since then, Bitcoin has been marketed as a global decentralised digital currency. However, Bitcoin's conceptual design and technological shortcomings make it questionable as a means of payment: real Bitcoin transactions are cumbersome, slow and expensive. Bitcoin has never been used to any significant extent for legal real-world transactions.
