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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.

0.000033 BITCOIN = 1 AUD

BTC BITCOINAUD Australian Dollar
0.01 BTC304.9884 AUD
0.1 BTC3049.8841 AUD
1 BTC30498.8408 AUD
2 BTC60997.6816 AUD
3 BTC91496.5224 AUD
5 BTC152494.2040 AUD
10 BTC304988.4079 AUD
20 BTC609976.8158 AUD
50 BTC1524942.0395 AUD
100 BTC3049884.0790 AUD
1000 BTC30498840.7905 AUD