Yes I do know some people who use crypto to buy things and if...

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    Yes I do know some people who use crypto to buy things and if you Google you can see how many places allow crypto as payment in Australia - there are a lot!smile.png

    Also banks are welcoming crypto.

    From the Guardian Newspaper dated 3/11/21

    The Commonwealth Bank will allow its customers to buy and sell cryptocurrency through its app, in the first move of its kind by a major Australian bank.

    Australia’s largest bank announced on Wednesday it had partnered with US-based crypto exchange Gemini and blockchain analysis firm Chainalysis to offer the service to its 6.5m CommBank app users.


    Customers will be able to buy up to 10 crypto assets including bitcoin, Ethereum and Litecoin.

    The bank will conduct a pilot in the next few weeks, ahead of a wider launch in 2022.

    “We believe we can play an important role in crypto to address what’s clearly a growing customer need and provide capability, security and confidence in a crypto trading platform,” CBA’s chief executive Matt Comyn said in a statement.


    “For too long, banks have cast aside cryptocurrency as an illegitimate fringe pursuit. I am pleased the tide is turning, as digital assets are mainstreamed,” he said.“Now banks are adopting cryptocurrency, they should stop ‘debanking’ hardworking Australians.” Andrew Bragg Liberal senator






    Last edited by gemma: 22/11/21
 
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