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BITCOIN

Bitcoin was the first cryptocurrency and remains the most popular digital asset, as well as the largest by total value. The idea for Bitcoin was first announced on the Cryptography Mailing List by anonymous developer Satoshi Nakamoto, who published the white paper in October 2008. The Bitcoin Protocol was launched in January 2009. Nakamoto’s identity is still not publicly known.

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Crypto is better than bills

What is BITCOIN?

As the first form of digital cash, Bitcoin uses a blockchain – a community-maintained database – to record transactions from one user to another, without relying on any centralised intermediaries such as banks or payment processors. The properties of the blockchain, which Nakamoto articulated in the white paper, mean that transactions are direct (peer-to-peer), irreversible, and have a relatively high degree of privacy. All subsequent cryptocurrencies and blockchain platforms build on Bitcoin’s technologies. Since the first Bitcoin exchanges were launched in 2010, Bitcoin has increased in value from a few cents to $20,000 at the end of 2020.

0.000010 BITCOIN = 1 AUD

BTC BITCOINAUD Australian Dollar
0.01 BTC962.7273 AUD
0.1 BTC9627.2728 AUD
1 BTC96272.7276 AUD
2 BTC192545.4552 AUD
3 BTC288818.1827 AUD
5 BTC481363.6379 AUD
10 BTC962727.2758 AUD
20 BTC1925454.5516 AUD
50 BTC4813636.3790 AUD
100 BTC9627272.7581 AUD
1000 BTC96272727.5808 AUD