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Proposed Australian Currency Restrictions: A Use Case for Cryptocurrencies
The Australian government is currently considering a bill that would restrict cash purchases to under AU$10,000. Many are calling the bill, targeting the black economy, a use case for cryptocurrencies. So, what does the bill say, and what does it mean for crypto?
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The Buzz about Crypto Energy Use
Being an electronic currency, Bitcoin and other crypto consume some energy. But, is it enough to be a problem? Some recent press and studies make it sound like it. Here, we’ll talk about why Bitcoin uses energy and how much energy it uses. That way, you can make up your own mind.
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US Government Attempts to Turn on Cryptocurrencies
Cryptocurrencies like Bitcoin have hardly been “under the radar”. However, the buzz over the upcoming Libra may have brought it some unwanted attention. United States Federal Reserve Chairman Jerome Powell and President Donald Trump have called for more regulation of crypto. Now the question is, how serious are they and how much can they actually […]
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Anthony Pompliano: Bitcoin to Reach $100K as Safe Haven Against Fiat
Morgan Creek Digital co-founder and popular Bitcoin bull, Anthony “Pomp” Pompliano, recently made a couple of big claims. First, Bitcoin will be at $100,000 within two years. Second, half of his net worth is in crypto.
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How and Why to Get in on the Bitcoin Bull Market
Bitcoin is decidedly in what investors call a “bull market”. Depending on your plans to invest, that can mean a number of things. That’s partially because of the nuanced nature of investment and speculation. It’s also partially because of the controversial idea of cryptocurrency as a speculative asset.
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Reserve Bank of Australia Publishes a Brief History of Cryptocurrency
To commemorate ten years of cryptocurrency, the Reserve Bank of Australia has published a paper titled Cryptocurrency: Ten Years On. Authors of the paper are Cameron Dark, June Ma, and Clare Noon of the Australian Reserve Bank’s Payment’s Policy Department.
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Why Nexo’s Co-Founder Says Bitcoin Doubters Are “Having a Really Hard Time”
With Bitcoin continuing its upward trend, it can be hard for crypto advocates to understand why there are still doubters.
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Cryptocurrency and Tax Time: How Should I Prepare My Tax Return?
If you’ve been trading cryptocurrency recently, it’s time to start thinking about how it will affect your tax return. This is even more important now that the Australian Taxation Office (ATO) has declared that they will specifically target crypto traders.
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Did You Know You Can Use the Bitcoin Symbol in Microsoft Excel?
You’re keeping the books and running the numbers. If you have money in dollars, euros, pounds, Excel has your back. But, what if you have Bitcoin? If you were creative, you may have used the symbol for the Thai currency, which looks a bit like the Bitcoin symbol but with only one strikethrough. If you […]
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