the_poet (OP)
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Bitcoin accepted here
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August 29, 2014, 06:56:44 PM |
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Under construction.
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Omikifuse
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August 29, 2014, 07:23:09 PM |
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You mean with specific regularizations.
As far as I know Bitcoin never was illegal in Australia.
Or I'm wrong?
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 29, 2014, 07:26:00 PM |
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You mean with specific regularizations.
As far as I know Bitcoin never was illegal in Australia.
Or I'm wrong?
legal tender, as in you can settle debts with it, like you would with AUD. |
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doof
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August 30, 2014, 02:58:44 AM |
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Nice!
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itsAj
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August 30, 2014, 03:34:25 AM |
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You mean with specific regularizations.
As far as I know Bitcoin never was illegal in Australia.
Or I'm wrong?
legal tender, as in you can settle debts with it, like you would with AUD. Although this is the definition of legal tender, I would somewhat doubt that this would happen because of the fact that so many people (a smaller percentage every day) do not know what bitcoin is and a larger percentage (most people) do not know how to properly secure their bitcoin. |
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bornil267645
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August 30, 2014, 04:18:41 AM |
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This might be a big change for bitcoin community.
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ReserviorHunt
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August 30, 2014, 08:54:43 AM |
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This might be a big change for bitcoin community.
It is. Bitcoin and crypto in general is gaining more attention that your average trader would know. A lot going on unnoticed. |
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Lauda
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Terminated.
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August 30, 2014, 09:41:25 AM |
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Although this is the definition of legal tender, I would somewhat doubt that this would happen because of the fact that so many people (a smaller percentage every day) do not know what bitcoin is and a larger percentage (most people) do not know how to properly secure their bitcoin.
That's not a reason for it not to happen. This is the classic one: bitcoin can't be used until there is adoption; why adopt something that nobody uses? It has to start somewhere. Since when do people know how to secure their money (be it a CC or cash)?  |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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doof
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August 30, 2014, 09:51:56 AM |
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I reckon its to do with tax. ATO has come out with some guidelines already. If its more legit, then the gov can get their cut.
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negafen
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August 30, 2014, 09:53:57 AM
Last edit: August 31, 2014, 01:02:38 PM by negafen |
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Australia government is more progressive than China and US then. If they know the tide of virtual currency can't be stop, they might as well embrace it and get some benefit from it. |
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oceans
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August 30, 2014, 10:38:47 AM |
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As much as I feel this is a great thing for bitcoin I can't help but feel that the Australian Government may be doing this to try and make it so they can begin taxing it to make money off it. I really hope I am wrong though.
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doof
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August 30, 2014, 10:49:22 AM |
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As much as I feel this is a great thing for bitcoin I can't help but feel that the Australian Government may be doing this to try and make it so they can begin taxing it to make money off it. I really hope I am wrong though.
Its the same with cash. Gov attitude is carrot and stick. Here is your BAS, go and fill it out correctly. If you don't and get caught... |
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fa
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August 30, 2014, 12:50:26 PM |
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Bitcoin: tax me if you can
Australia: no bitcoin without tax
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Wealthy
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August 30, 2014, 01:52:04 PM |
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That's another great step towards bitcoin promotion.
Long live Bitcoin! To the moon!
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CreamyPie
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August 30, 2014, 03:45:24 PM |
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When was bitcoin illegal?  Anyways its good Bitcoin will be getting legal rights so people can sue someone in case of theft. |
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Fearless
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August 30, 2014, 05:28:37 PM |
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Australia government is more progressive than China and US then. If they know they tide of virtual can't be stop, they might as well embrace it and get some benefit from it. Government should be like this in the favor of its citizens,Implement,Utilize and Rise with the people for the People. |
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Timetwister
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Merit: 1047
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September 02, 2014, 02:28:15 PM |
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That would be great. Governments shouldn't impose any currency, every citizen should be free to use any currency as he likes. |
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ticoti
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September 02, 2014, 02:32:21 PM |
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Wow it is incredible
Australia is always on the head of good changes
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Justin00
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★YoBit.Net★ 350+ Coins Exchange & Dice
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September 02, 2014, 02:53:28 PM |
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Sounds like it might be heading in the right direction, one day.... If I had the option of paying for a train ticket with $ or BTC I would choose $$... I get it though.. BTC could be massive (for everyone else heh) if it goes ahead at some point... Things people only ever dreamed might come true. The next <3 years could be a wild ride. *edit* Thinking about it.... Australia will do something to screw it up.. or make it retarded...  |
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yayayo
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September 02, 2014, 03:06:19 PM |
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As much as I feel this is a great thing for bitcoin I can't help but feel that the Australian Government may be doing this to try and make it so they can begin taxing it to make money off it. I really hope I am wrong though.
I hope not. Bitcoin being legal tender would accelerate the demise of national fiat currencies. Either government doesn't notice it, doesn't perceive it as threat, or they will inject barbarian regulations to control and tax every Satoshi spend. You can't be paranoid enough when it comes to governments... ya.ya.yo! |
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