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Topic: Bitcoin treated as money in Australia from 1. july - page 2. (Read 6122 times)

sr. member
Activity: 868
Merit: 289
I've just read that Australia will start accepting bitcoin as a currency from July 1st. Also allowing bitcoin to be integrated better into the economy and offers no tax on it. Anyone else read about this?
Wow! another great news again if that happen, bitcoin will surely rise again. Just recently, that Japan declared bitcoin as their legal currency to their country, and awhile ago is China do the same thing to make bitcoin as their legal currency also. I can't wait to make that happen which is July 1, 2017.
hero member
Activity: 3024
Merit: 680
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I hope other countries will also the same like the Australia treat bitcoin because it will help a lot of people to get in bitcoin and also promote bitcoin that can change someone's life without putting a lot of effort like in the usual jobs or sources of income in the real world.

More good bitcoin related news to come after the adoption of these countries. First Japan and others followed I'm having a very optimistic mind that for the next months we'll see bitcoin's price going up. And we will not be having anymore problems when you want to order a good offshore if you want to pay it with bitcoin.
legendary
Activity: 1190
Merit: 1002
I've just read that Australia will start accepting bitcoin as a currency from July 1st. Also allowing bitcoin to be integrated better into the economy and offers no tax on it. Anyone else read about this?
This is incredible news, could we be seeing the start of the massive adoption by the public of bitcoin? I think the answer is yes.

I think not all people in Australia are being updated with this new so maybe this will be really an incredible news but only for Australians who already know bitcoin I guess, there will be a massive adoption if bitcoin will be introduced to the public by many people or businesses who are already using bitcoin .

Guess your right with that since not all people are updated to new technologies and digital assets, But for this acceptance/threating acts well this can give a good boost to bitcoins to get more acceptance and accumulate high demands in future and im so sure that the domino effect of this will be the high leap of the price of the history, And surely people will love this one since bitcoins has no tax deduction if people will stake and use it.

Its a good move that btv were accepted in different countries and it does offer good opportunity not just in their people but for country too.

Ya it is a good news but the population of Australia is very less and i dont think that users impact will be not much on bitcoin but the impact will be that a country is accepting bitcoin as currency.
sr. member
Activity: 503
Merit: 250
I've just read that Australia will start accepting bitcoin as a currency from July 1st. Also allowing bitcoin to be integrated better into the economy and offers no tax on it. Anyone else read about this?
This is incredible news, could we be seeing the start of the massive adoption by the public of bitcoin? I think the answer is yes.

I think not all people in Australia are being updated with this new so maybe this will be really an incredible news but only for Australians who already know bitcoin I guess, there will be a massive adoption if bitcoin will be introduced to the public by many people or businesses who are already using bitcoin .

Guess your right with that since not all people are updated to new technologies and digital assets, But for this acceptance/threating acts well this can give a good boost to bitcoins to get more acceptance and accumulate high demands in future and im so sure that the domino effect of this will be the high leap of the price of the history, And surely people will love this one since bitcoins has no tax deduction if people will stake and use it.

Its a good move that btv were accepted in different countries and it does offer good opportunity not just in their people but for country too.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
I've just read that Australia will start accepting bitcoin as a currency from July 1st. Also allowing bitcoin to be integrated better into the economy and offers no tax on it. Anyone else read about this?
This is incredible news, could we be seeing the start of the massive adoption by the public of bitcoin? I think the answer is yes.

I think not all people in Australia are being updated with this new so maybe this will be really an incredible news but only for Australians who already know bitcoin I guess, there will be a massive adoption if bitcoin will be introduced to the public by many people or businesses who are already using bitcoin .

Guess your right with that since not all people are updated to new technologies and digital assets, But for this acceptance/threating acts well this can give a good boost to bitcoins to get more acceptance and accumulate high demands in future and im so sure that the domino effect of this will be the high leap of the price of the history, And surely people will love this one since bitcoins has no tax deduction if people will stake and use it.
hero member
Activity: 2744
Merit: 541
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I've just read that Australia will start accepting bitcoin as a currency from July 1st. Also allowing bitcoin to be integrated better into the economy and offers no tax on it. Anyone else read about this?
This is incredible news, could we be seeing the start of the massive adoption by the public of bitcoin? I think the answer is yes.

I think not all people in Australia are being updated with this new so maybe this will be really an incredible news but only for Australians who already know bitcoin I guess, there will be a massive adoption if bitcoin will be introduced to the public by many people or merchants who are already using and accepting bitcoin at least in a way that the public will get curious .
hero member
Activity: 840
Merit: 502
One reason more for me to move to Australia. It is so strange, that the EU is just at the beginning to understand the advantage of Bitcoin, Altcoins and the blockchain. Very sad.
That would seem so, but as far as I know Australia is a very expensive country to live in, personally I will wait until a third world country with a strong enough government decides to accept bitcoin that way you will get the benefits of bitcoin and of a cheap country.
sr. member
Activity: 2422
Merit: 343
I hope other countries will also the same like the Australia treat bitcoin because it will help a lot of people to get in bitcoin and also promote bitcoin that can change someone's life without putting a lot of effort like in the usual jobs or sources of income in the real world.
hero member
Activity: 714
Merit: 500
I've just read that Australia will start accepting bitcoin as a currency from July 1st. Also allowing bitcoin to be integrated better into the economy and offers no tax on it. Anyone else read about this?
This is incredible news, could we be seeing the start of the massive adoption by the public of bitcoin? I think the answer is yes.
Thats a great news indeed.Australia accepting bitcoins following japan and also giving tax exemption would definitely boost bitcoin adoption.Already japan's adoption of bitcoin has increased bitcoij price.Now australia also accepting bitcoins would definitely trigger the bitcoin price.
full member
Activity: 142
Merit: 100
It's a good news. Acceptance bitcoin will increase the number of users and contribute to its growth that will bring even greater profits to investors.
legendary
Activity: 2660
Merit: 2229
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One reason more for me to move to Australia. It is so strange, that the EU is just at the beginning to understand the advantage of Bitcoin, Altcoins and the blockchain. Very sad.
sr. member
Activity: 830
Merit: 258
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Australia adoption of bitcoin as a money has significant impart to both it's citizens and their government, This reduce government borrowing money, control inflation,increase government reserve and brings about good government policy considering the fact that bitcoin is technological based virtual currency. come July 1 we hope to see a price movement of bitcoin higher.
Australia is only accepting bitcoin as a currency it is not adopting it as their currency, big difference, so this is not going to do anything about the Australian government borrowing money or to control inflation, it will benefit those that use bitcoin, nothing more.
I think it's a huge movement from Australian goverment, which have a big impact on whole cryptocurrency eco system, and that would be good if other countries will start accepting this currencies like normal payment method, maybe it needs more time to be accepted, but that's really cool that one country already adopted it
hero member
Activity: 840
Merit: 502
Australia adoption of bitcoin as a money has significant impart to both it's citizens and their government, This reduce government borrowing money, control inflation,increase government reserve and brings about good government policy considering the fact that bitcoin is technological based virtual currency. come July 1 we hope to see a price movement of bitcoin higher.
Australia is only accepting bitcoin as a currency it is not adopting it as their currency, big difference, so this is not going to do anything about the Australian government borrowing money or to control inflation, it will benefit those that use bitcoin, nothing more.
legendary
Activity: 2492
Merit: 1018
Japan has really started making th adoption to countries and I guess we from asia are one of the users who gets to have the benefits. Australia is one of the country with huge ecomony, huge rewards for those who holds.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
Australia adoption of bitcoin as a money has significant impart to both it's citizens and their government, This reduce government borrowing money, control inflation,increase government reserve and brings about good government policy considering the fact that bitcoin is technological based virtual currency. come July 1 we hope to see a price movement of bitcoin higher.
hero member
Activity: 2996
Merit: 609
Damn so much has happened this year. Which japan , now even Australia and there are rumours that even russia is preparing for bitcoin in their country. This is probably the best year for bitcoin in terms of recognition around world . I just all the new countries adopting doesn't to lead further transaction stuck
I agree on what you have said when talking about a certain country does accept bitcoin then this year is the best since they are already recognizing bitcoin and does really see some potential on accepting it on its country which means theres more demand and this thing will really affect its value and increase even more.I will watch closely on July 1 if this adoption would happen.
hero member
Activity: 672
Merit: 500
Damn so much has happened this year. Which japan , now even Australia and there are rumours that even russia is preparing for bitcoin in their country. This is probably the best year for bitcoin in terms of recognition around world . I just all the new countries adopting doesn't to lead further transaction stuck
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
i am glad to hear this news and one more big country is supporting and accepting bitcoin for their people so the people that lived in australia can used bitcoin with free. this will give another impact for bitcoin community and i am sure the other country will follow this so the chance for bitcoin to be accepted in many country is wide open.
hero member
Activity: 1246
Merit: 529
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This is a good sign and if this is true, we may well be seeing another big surge in btc price next month. It seems more countries now are becoming interested in adopting btc now and it can only go better from here. It's high time to save on those btcs guys Smiley
Mr
sr. member
Activity: 309
Merit: 250
thanks Australia for supporting bitcoin. Thanks the Australian for using bitcoin more widely in the real world. Japan will soon join our force and bitcoin will become the strongest currency in this planet
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