Bitcoin is a decentralized digital currency that works on a peer-to-peer network, allowing users to send and receive payments without the need for intermediaries such as banks or governments. It is said to have been invented in 2008 by an unknown person or group of people under the alias of Satoshi Nakamoto. However, it was released as an open-source software in 2009. Bitcoin's price has risen dramatically since its inception, and some investors view it as a hedge against inflation or a store of value like digital gold. Bitcoin investment also allows for portfolio diversification because its price movements differ from those of traditional assets such as stocks, bonds, and mutual funds.

1. BITCOIN
EVERYTHING YOU NEED TO KNOW ABOUT BITCOIN

2. WHAT IS BITCOIN?
• Bitcoin is a decentralized digital currency that
works on a peer-to-peer network, allowing users to
send and receive payments without the need for
intermediaries such as banks or governments.

3. INVENTION OF BITCOIN
• It is said to have been invented in 2008 by an
unknown person or group of people under the
alias of Satoshi Nakamoto.
• However, it was released as an open-source
software in 2009.

4. POPULARITY OF BITCOIN
• Bitcoins have become popular among investors for a
variety of reasons.
• Bitcoin's price has risen dramatically since its inception,
and some investors view it as a hedge against inflation
or a store of value like digital gold.
• Bitcoin investment also allows for portfolio
diversification because its price movements differ from
those of traditional assets such as stocks, bonds, and
mutual funds.

5. RISKS ON INVESTMENT IN
BITCOIN
• However, investing in Bitcoin carries risks and
cautions.
• Given the fact the cryptocurrency market is said to
be highly volatile, and prices can fluctuate
dramatically in short periods, the investors are
expected to be prepared for the possibility of
losing their entire investment.

6. INVESTING IN BITCOINS IN INDIA
• At present, Bitcoins have no legal backing in India
and investors have to pay a tax on the income
earned by trading in them.
• Reserve Bank of India Governor Shaktikanta Das had
on January 13, 2023, reiterated his call for an
outright ban on cryptocurrencies, saying these are
'nothing but gambling' and their perceived 'value is
nothing but make-believe."

7. HOW TO BUY BITCOINS?
• Bitcoin can be purchased through various online
platforms known as cryptocurrency exchanges.
• These exchanges facilitate the purchase, sale, and
trading of Bitcoin and other cryptocurrencies.
• These platforms allow investors to create accounts,
deposit funds, and place buy or sell orders based
on current Bitcoin market prices.

8. WHERE TO STORE BITCOINS?
• After purchasing Bitcoins, investors are required
to have a secure way to store their holdings,
which is known as a bitcoin wallet.
• A Bitcoin wallet is a digital tool that allows the
investors to store, send, and receive Bitcoin.
• Some of the popularly known Bitcoin wallets
hardware wallets, software wallets, and paper
wallets, each with a unique level of security and
convenience.

9. Disclaimer: This presentation is meant for informational
purposes only, and should not be considered as any
investment advice. I suggest all the readers / audience to
consult their financial advisors before making any money
related decisions.