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How To Get Started With Bitcoin In Australia | Gizmodo ...

Bitcoin is a form of cryptocurrency that can be used to purchase everything from online goods to multi-million dollar mansions. They are currently more valuable than gold, with a single Bitcoin equalling more than three thousand Australian dollars. Needless to say, there is a huge amount of interest in bitcoin and it's not too hard to start mining bitcoins of your own.

What are Bitcoin?


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From 2017, Bitcoin And Other Digital Currency Will No ...

As part of its push to foster innovation and fintech startup businesses in Australia, the government's 2017 Federal Budget will cut the GST for purchases of digital currency, allowing Bitcoin and online games' in-game money to be treated just like plain Australian dollars for tax purposes.

At the moment, anyone purchasing a digital currency in Australia is technically liable for GST expenses on...

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Related topics : digital currency like bitcoin / bitcoin digital currency exchange / digital currency exchange business / bitcoin digital currency / digital currency exchanger

Man Who Threw Away A Fortune In Bitcoin Now Looking To Dig ...

James Howells is a British IT worker and an early investor in Bitcoin. He also has every right to be the most furious man on Earth.

Image: AP

You see, Howells got in on the ground floor of the cryptocoin economy back in February of 2009. Through his computational labors, he amassed around 7500 bitcoin before his girlfriend, fed up with the noise of block-mining hardware, made him stop. No great loss - the Silk Road was two years away and bitcoin was worth next to nothing.

Most of the equipment he was using was sold for scrap after he spilled lemonade on it, and the hard drive containing the key...

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Related topics : current value of one bitcoin / current bitcoin market value / current bitcoin value / current bitcoin market cap / current bitcoin worth