Bitcoin treated as money in Australia from 1. july

[GG_monster]

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.

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[fanbeila]

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.

[Hypnosis00]

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.

[The_Dark_Knight]

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.

[carlisle1]

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 .

[arwin100]

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.

[Blamsud]

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.

[equator]

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.

[boyptc]

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.

[lovesybitz]

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.

[marcbitcoins]

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.

If this is true then this is another victory or great achievements for bitcoin history. Like credir cards or cashcards it is very safe to bring bitcoins pin numbers than cash or money in the street. Now a days more bad guys are now roaming in the street like pickpocket or holdup so in bitcoins you will not easily loss your hard earned money. Congrats to the Australian if that is true.

[helloicon]

Besides Japan, Austrailia will open the new era of making criptocurrency much closer in our society.

[coinstalker23]

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?

Its a good news. Im wondering when will it be recognize as a legal currency in my counrtry.

[joseafonso123az]

Great news for Australia and for the world. This will set a new trademark in bitcoin era, and if more countries adhere, thinking of bitcoin as a currency, or atleast as a foreign currency, it's really new. Australia have always been a country that supports new things, and hopefully this would make others realize that bitcoin is not that bad after all.

[rodskee]

wow thats good news bitcoin treated as money in australia i think have a big possibilities the bitcoin treated also as money in the other country follow the good decision of australian government to help the economy of the country using bitcoin as decentralized currency.

[olubams]

And seventeen days since the beginning of August which is even 1 month after the purported acceptance of bitcoin in Australia, yet I have not read anything about the confirmation of the news or a release from government that this is exactly the direction of what is going on. Like I always maintained, news like this are only meant for speculative purposes and nothing else.

[Zeke_23]

Great news for Australia and for the world. This will set a new trademark in bitcoin era, and if more countries adhere, thinking of bitcoin as a currency, or atleast as a foreign currency, it's really new. Australia have always been a country that supports new things, and hopefully this would make others realize that bitcoin is not that bad after all.

that's right, maybe in a few months from now it will be adapted by some other countries until it officially be considered as money in all over the world, i cant wait to see it for myself especially in my country. they can see the full potential of bitcoin.

[deisik]

And seventeen days since the beginning of August which is even 1 month after the purported acceptance of bitcoin in Australia, yet I have not read anything about the confirmation of the news or a release from government that this is exactly the direction of what is going on. Like I always maintained, news like this are only meant for speculative purposes and nothing else

I second this view

Obviously, even if there was a news about Australia legalizing Bitcoin, it must have been quickly forgotten and abandoned in favor of giving more space to the whole showdown between different groups involved in Bitcoin that we had seen in July. That said, we, nevertheless, shouldn't completely discard the effect of Japan legalizing Bitcoin (another such news). Indeed, it was hyped then beaten to death, but the real effect seems to be still present, and it kinda looks the prices of over 4,000 dollars per coin that we see today are at least partially due to this event plus SegWit activation (and hype thereof)

[TravelMug]

And seventeen days since the beginning of August which is even 1 month after the purported acceptance of bitcoin in Australia, yet I have not read anything about the confirmation of the news or a release from government that this is exactly the direction of what is going on. Like I always maintained, news like this are only meant for speculative purposes and nothing else.

I think we have expected too much of Australia adopting bitcoin. I think we have picture them similar to what Japan did when they legalized it. Price surge, trading volume is up and everything falls into the right places. But with Australia, its a different thing, not much impact so say the least. Only news I saw is about strengthening the country's Anti-Money Laundering And Counter Terrorism Financing Act which of course includes bitcoin. Although this is still a welcoming news for us when Australia started to adopt the bitcoin.

[Gaaara]

And seventeen days since the beginning of August which is even 1 month after the purported acceptance of bitcoin in Australia, yet I have not read anything about the confirmation of the news or a release from government that this is exactly the direction of what is going on. Like I always maintained, news like this are only meant for speculative purposes and nothing else.

I think we have expected too much of Australia adopting bitcoin. I think we have picture them similar to what Japan did when they legalized it. Price surge, trading volume is up and everything falls into the right places. But with Australia, its a different thing, not much impact so say the least. Only news I saw is about strengthening the country's Anti-Money Laundering And Counter Terrorism Financing Act which of course includes bitcoin. Although this is still a welcoming news for us when Australia started to adopt the bitcoin.

It is indeed a big step for a country to adopt bitcoin but the nothing will change even though it is accepted as money, unless every country treats it as real currency that can be used for everyday basis, actually it can be full adopted by all but the price and being anonymous is affecting the adoption of bitcoin, but as soon as everything is fixed we can assure that bitcoin can be used on daily basis, but the problem is it is not needed to be fixed and that is the reason why world is trying to find a solution for it to be official worldwide currency.