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Author Topic: [2014-09-03] How many people actually use bitcoin in Canberra?  (Read 1041 times)
cescan (OP)
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September 03, 2014, 05:39:44 AM
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http://www.canberratimes.com.au/act-news/how-many-people-actually-use-bitcoin-in-canberra-20140903-10bat4.html

The prospect of using bitcoin may have many Canberrans talking but it appears only a handful of people have actually used the digital coins to purchase products in the ACT.

As it stands, Canberrans can use bitcoins to buy coffee or cake at cafes, to top-up their MyWay card on ACTION Bus's mobile application, or use a newly installed bitcoin ATM in the Canberra Centre.

Bitcoin is commonly defined as an online currency used for direct payment between people and businesses that is unregulated and operates outside of the financial establishment.

Read more: http://www.canberratimes.com.au/act-news/how-many-people-actually-use-bitcoin-in-canberra-20140903-10bat4.html#ixzz3CEEuswAG

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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September 04, 2014, 02:45:17 AM
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Are there people actually living in Canberra?  Grin

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