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Topic: Australia post office now accepts Bitcoin - page 3. (Read 602 times)

sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
The Australian community was the opposite of Bitcoin but now that they are accepting Bitcoin it is a much better move for their country Bitcoin Many Profitable Currencies Bitcoin's investment will play a very helpful and effective role in improving the economy of their country. Bitcoin will be integrated with other exchange sites and will be able to replace Bitcoin as easily as Fiat.
hero member
Activity: 2646
Merit: 686
Quite surprising how much sudden adoption we've been getting in just the past month alone.

  • The PayPal rumours
  • Venezuelan bitcoin payments on passports
  • Grayscale racking up on bitcoin like there's no tomorrow

And now this. Quite interesting what caused the really sudden domino effect. Also knowing that these entities aren't just your small local convenience stores. These entities are quite significant.

As for the Paypal rumors, they're currently hiring cryptocurrency and blockchain engineers which may be a signal for this payment processor to finally jump in.

A couple of years ago, Paypal CEO did say that Bitcoin is the biggest scam in history due to pump and dump. Now he threw off his hat and decided not to be left behind, and they realized it very much because more and more people are now shifting to Bitcoin.

Even myself, I set aside Paypal for Bitcoin almost three years ago as my main gateway for receiving payments in doing freelance stuff. I seldom use Paypal only to buy plane tickets and other few clients who doesn't have a Bitcoin wallet or balance to pay me yet.


Keyword: may be

While there's definitely a chance that this might be that they're hiring engineers for their bitcoin buy/sell feature, but then again, I'll believe it when I see it. There's also a chance that they could just be experimenting for now. Product features can easily be scrapped.

@mk4 PayPal is not going to launch support for bitcoins as of now, because they’re more interested in utilising Blockchain technology, and they may soon launch a PayPal backed crypto (basically another stable coin). @cheezcarls if you read PayPal CEO statements carefully then you’ll realise that he has no intention of integrating bitcoins on PayPal, but he’s keen to use the blockchain technology, and that’s something worth waiting for if it can help in reducing the transfer fees.

Source:

https://news.bitcoin.com/paypal-ceo-admits-he-owns-bitcoin-2/
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
There are more and more signs that Bitcoin is ready to take off. A few days ago PayPal and now the fact that Australian Post Offices are supporting Bitcoin is encouraging news.
In my country there are some forex exchange shops that offer this feature. However Australia is on whole other level. Keep it up!!
full member
Activity: 742
Merit: 160
That was a great move for Austria, adopting bitcoin in their country is the best choice, we should implement it in our own country so we could get benefit from it in the future and even in the current situation. I have seen many articles about accepting bitcoin in their own country, it seems like bitcoin is really great because there are already many countries that are using it right now. Good move for the government.

There is fake news about the crypto news about the Philippines saying that President Duterte has approved the bitcoin in the Philippines but there are many feedback from the citizen of Philippines that it is not true because using of bitcoin is not familiar from them and they don't know how does it work. Only a few people are using it for some crypto activities and online transactions.
legendary
Activity: 1134
Merit: 1598
And now this. Quite interesting what caused the really sudden domino effect. Also knowing that these entities aren't just your small local convenience stores. These entities are quite significant.
Could it be that they're trying to suppress the actual volume of BTC and get the authorities accumulate and centralize large amounts? It's very weird that they all suddenly "wake up" after so long, makes me doubt their real motive.

Remember that Bitcoin has also been part of the Goldman Sachs conference this year and appeared in Land Rover's commercial. Almost looks like a plan on a massive scale.
hero member
Activity: 1834
Merit: 759
Do you think other countries would follow suit? Or are there other countries before Australia who have implemented this in their own post offices as well?

One thing that has to be noted here is that this doesn't seem like government initiative. This was a result of Bitcoin.com's (Roger Ver's company btw lmao not that that has anything to do with it) collaboration with them, so unless your local exchanges are willing to step up for the community, this doesn't really set a precedent for other post offices to follow suit.

This is good news nonetheless because we can never have enough room for adoption, but I'm getting the impression that some people think government agencies are actively seeking out Bitcoin payment options, and that's not really the case here.
legendary
Activity: 3374
Merit: 1824
It looks like the massive adoption of Bitcoin has begun in Australia. The Aussie citizens can now deposit BTC at the post office due to the collaboration of Bitcoin.com.au and 3,500+ post offices in Australia.

What do you think of this move guys? Do you think other countries would follow suit? Or are there other countries before Australia who have implemented this in their own post offices as well?

This was posted by CoinTelegraph: https://cointelegraph.com/news/australians-can-now-pay-for-bitcoin-at-the-post-office

I would love to see it being implemented in the Philippines as well in the near future.

Great news!
Yes, we already had the same news recently for Croatia
https://bitcointalksearch.org/topic/m.51950892
Croatian post office also accepts bitcoin and some other crypto currencies.
I'm sure other countries and post offices in the world will also accept bitcoin in the near future,  including Philippines 😁
sr. member
Activity: 1330
Merit: 326
It is indeed a good move from Australia country. Their government is actually pro bitcoin because they allow such bitcoin payments in collaboration with their local exchange (Bitcoib.com.au) to make this possible. If such actions were widely used by government's different agencies then we could see positive bitcoin adoptions.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
As for the Paypal rumors, they're currently hiring cryptocurrency and blockchain engineers which may be a signal for this payment processor to finally jump in.

Keyword: may be

While there's definitely a chance that this might be that they're hiring engineers for their bitcoin buy/sell feature, but then again, I'll believe it when I see it. There's also a chance that they could just be experimenting for now. Product features can easily be scrapped.
hero member
Activity: 2282
Merit: 659
Looking for gigs
Quite surprising how much sudden adoption we've been getting in just the past month alone.

  • The PayPal rumours
  • Venezuelan bitcoin payments on passports
  • Grayscale racking up on bitcoin like there's no tomorrow

And now this. Quite interesting what caused the really sudden domino effect. Also knowing that these entities aren't just your small local convenience stores. These entities are quite significant.

As for the Paypal rumors, they're currently hiring cryptocurrency and blockchain engineers which may be a signal for this payment processor to finally jump in.

A couple of years ago, Paypal CEO did say that Bitcoin is the biggest scam in history due to pump and dump. Now he threw off his hat and decided not to be left behind, and they realized it very much because more and more people are now shifting to Bitcoin.

Even myself, I set aside Paypal for Bitcoin almost three years ago as my main gateway for receiving payments in doing freelance stuff. I seldom use Paypal only to buy plane tickets and other few clients who doesn't have a Bitcoin wallet or balance to pay me yet.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Quite surprising how much sudden adoption we've been getting in just the past month alone.

  • The PayPal rumours[1]
  • Venezuelan bitcoin payments on passports[2]  ; EDIT: apparently it's now unavailable lol[4]
  • Grayscale racking up on bitcoin like there's no tomorrow[3]

And now this. Quite interesting what caused the really sudden domino effect. Also knowing that these entities aren't just your small local convenience stores. These entities are quite significant.


[1] https://www.coindesk.com/paypal-venmo-to-roll-out-crypto-buying-and-selling
[2] https://decrypt.co/33376/venezuela-test-bitcoin-payment-passports
[3] https://cointelegraph.com/news/at-this-rate-grayscale-will-own-34-of-all-bitcoin-by-january
[4] https://cointelegraph.com/news/btc-payments-reportedly-now-disabled-for-venezuelan-passport-purchases
copper member
Activity: 57
Merit: 5
I must say Australia is very friendly on Cryptocurrency!
On 4th May VeChain and Mastercard are among the heavy hitters backing the new APAC Provenance Council, focused on Australia's 76$ billion of exports to China. And now they welcoming BTC; it’s really a great sign!
hero member
Activity: 2282
Merit: 659
Looking for gigs
It looks like the massive adoption of Bitcoin has begun in Australia. The Aussie citizens can now deposit BTC at the post office due to the collaboration of Bitcoin.com.au and 3,500+ post offices in Australia.

What do you think of this move guys? Do you think other countries would follow suit? Or are there other countries before Australia who have implemented this in their own post offices as well?

This was posted by CoinTelegraph: https://cointelegraph.com/news/australians-can-now-pay-for-bitcoin-at-the-post-office

I would love to see it being implemented in the Philippines as well in the near future.
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