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.