Post
Topic
Board Bitcoin Discussion
Re: BitTeaser: Australia keeps it up with Bitcoin
by
Sir_lagsalot
on 13/11/2015, 12:46:42 UTC
For some reason, in Australia, you cannot buy bitcoins. Why has the government banned it? It has remained a mistery for me and i cannot figure it out. Can someone help me out on this one?

What?

According to the article now Australia consider BTC as comodity, so I think it is not illegal to sell it around, specially if you consider that they are thinking about consider BTC as commodity.

Maybe the regulations are too restrictive or the taxes are too high for BTC exchanges or there are too few people that use BTC in Australia that there are no exchanges Huh

Maybe Localbitcoins, as last resource

Yes, there are no Australian bitcoin exchanges. The only place I see people accepting bitcoin is this kid busking in the city for bitcoin when ever I go to work. Cute.

But yes, you can use an American exchange or just make a transaction on bitcointalk.