news from this country is not very influential, China is still a legit news to make bitcoin bubble. during the Chinese New Year to finished bitcoin doesn't being a bubble
Maybe Australia isn't that influental but China is not the only important county for Bitcoin also and the influence of China is exaggerated.
I think it's not impossibe that some other countries also follow the example of Australia, this could be something that could encourage them to make some similar moves. Anyway, it's a good news.
Well atleast few by few I could say that the world is adopting the cryptocurrency which has a good impact for price stablization specially bitcoin. The real purpose of bitcoin becomes attainable because of this matter.
This should never have been an issue in the first place - any bank or financial institution that tells me I can't spend my OWN money on whatever I want can go and get fucked. If I want to spend my life savings on cryptos or beer and hookers that's my business.
You are right you can buy crypto, drugs, smuggled goods etc. because you have your freedom but when your country declare it to be illegal then you might end up to jail. Its hard do business in jail mate.