Don't feed the banks


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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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 BTC1022.9242 AUD
0.1 BTC10229.2425 AUD
1 BTC102292.4246 AUD
2 BTC204584.8491 AUD
3 BTC306877.2737 AUD
5 BTC511462.1228 AUD
10 BTC1022924.2457 AUD
20 BTC2045848.4914 AUD
50 BTC5114621.2285 AUD
100 BTC10229242.4570 AUD
1000 BTC102292424.5698 AUD