Explained Archives - Cryptocurrency Blog Australia

BTC vs BCH vs BSV – What are the differences?

George Bollard — Thu, 09 Jul 2020 01:22:50 +0000

The popularity of Bitcoin has caught the imagination of a wide spectrum of people, from tech-savvy programmers, to investors, to point of sale business and the general public. Over time, conflicting ideas around the future of Bitcoin has spurned the creation of two popular ‘forks’ of the original Bitcoin (technically called Bitcoin core in programming […]

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Is Bitcoin Legal in Australia?

George Bollard — Sat, 03 Feb 2018 01:56:00 +0000

Note: I’m sure there will be more changes and updates from ATO and AUSTRAC in 2018, so I will keep this post updated with the most up-to-date information. In today’s digital age, what seemed to be too futuristic ten years ago is now made possible. This applies to the concept of cryptocurrency. Who would […]

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A Beginner’s Guide to Bitcoin ATMs: What Are They? How Do They Work?

George Bollard — Mon, 03 Dec 2018 03:57:13 +0000

One of the challenges that hinder the mainstream adoption of cryptocurrencies is the difficulty of using them as alternatives to cash for day-to-day transactions. Unless customers can use the BTC in their digital wallets in lieu of cash, these cryptos remain practically useless. But technology today is paving the way for its mainstream use through […]

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Differences Between Cryptocurrency Coins and Tokens

George Bollard — Tue, 24 Apr 2018 21:24:07 +0000

Altcoins and Tokens: Which Is Which? Cryptocurrency swept the world off its feet when it was launched. Many people were quick to do their research and invest in it, anticipating that digital currencies would someday become widely accepted throughout the world. They predicted right, and today, we find that cryptocurrency can be a very interesting […]

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What is Litecoin

George Bollard — Tue, 24 Apr 2018 22:30:15 +0000

Getting to Know Litecoin In recent years, cryptocurrency has become nothing short of a global phenomenon. The advantages of a decentralised network where people can securely transact in just a few seconds have appealed to investors all over the world, and merchants have flocked and started to adopt this technology. The magic of cryptocurrency paved […]

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What Is an Initial Coin Offering (ICO)?

George Bollard — Tue, 15 May 2018 21:13:19 +0000

When cryptocurrency started to gain momentum not too long ago, the curiosity surrounding Initial Coin Offerings (ICOs) also thickened. ICOs have been a fertile ground not only for start-up businesses to thrive but also for buyers to invest in audacious yet promising projects. Before you start thinking about taking part in an ICO, it is […]

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What Is Ripple and XRP?

George Bollard — Thu, 24 May 2018 11:30:01 +0000

What Is Ripple and XRP The hype surrounding cryptocurrency has increased dramatically over the past few years. With mainstream media finally catching up, more and more individuals and financial institutions have become drawn to and have started investing in digital currencies. When you ask anyone about cryptocurrency, Bitcoin is probably what most people will associate […]

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What Is Bitcoin Cash?

George Bollard — Wed, 30 May 2018 05:36:52 +0000

Today, one does not have to be an economist or a currency enthusiast to be aware of all the buzz surrounding Bitcoin (BTC) and Bitcoin Cash (BCH). Bitcoin has become a trending topic of discussion online from all the news outlets and social media posts revealing it to the world. However, despite all this talk, […]

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An Introduction To Bitcoin Mining Infographic

George Bollard — Fri, 06 Jul 2018 22:44:15 +0000

If you are interested in keeping up with the hype and getting your hands on Bitcoin, there are two ways that you are able to go about this. The first and arguably the most popular method it simply to buy some. There are countless exchanges out there where you can exchange Bitcoin either for normal […]

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What is Bitcoin (BTC)

CryptoG — Tue, 13 Feb 2018 10:35:15 +0000

These days, Bitcoin is almost a mythical asset. There was a report of a man buying $27 worth of bitcoins back in 2009, forgot about it, then received a return of 3,281,500% when he sold it in 2013. Bloomberg had an entire article about Bitcoin millionaires. There’s an 18-year-old who became a Bitcoin millionaire. And […]

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