Nicola
Fri Jun 07 2024
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5 answers
832
Is Australia a crypto friendly country?｜Is bitcoin legal in Australia? - YES. The good news is that .investing or trading in cryptocurrencies such as Bitcoin is legal and regulated by the Australian Securities and s Commission (ASIC)
Could you kindly elaborate on whether Australia holds a favorable stance towards cryptocurrencies? Additionally, is the possession and usage of Bitcoin lawful within the country's borders? I've heard rumors that it is indeed permitted, and that the Australian Securities and Investments Commission (ASIC) oversees and regulates such investments and trades. Could you confirm this information and perhaps provide further insights on the regulatory framework?
JejuJoyfulHeartSoulMate
Fri Jun 07 2024
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6 answers
875
Can Bitcoin go over 21 million?
Could you please explain to me the potential for Bitcoin to exceed the 21 million limit? Given its fixed supply and the principles of decentralization, does it seem feasible for the number of Bitcoins in circulation to rise beyond this cap? Could technological advancements or changes in the crypto landscape potentially allow for such an occurrence? I'm quite curious about the dynamics and constraints surrounding Bitcoin's supply and how they might be affected in the future. Thank you for your insights.
noah_stokes_photographer
Thu Jun 06 2024
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7 answers
976
Is cryptocurrency illegal in Australia?｜. It's legal to buy, sell, trade, spend, receive, and store. However, there are many more important questions.Bitcoin is 100% legal in Australia
Could you please clarify, is cryptocurrency considered illegal in Australia? I've heard conflicting reports about its legality in the country. But based on the paragraph you mentioned, it seems like Australians can buy, sell, trade, spend, receive, and store cryptocurrencies without any legal issues. Is this indeed the case? Additionally, I'm curious about Bitcoin specifically. Is it also 100% legal in Australia, or are there any specific regulations or restrictions that apply to it? Thank you for your clarification.
CryptoKnight
Thu Jun 06 2024
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6 answers
1206
How long does it take to mine 1 Bitcoin for free?
I'm curious, could you please elaborate on the estimated timeframe for mining a single Bitcoin without any financial investment? Given the complexities and varying factors involved in the mining process, I'm wondering if there's a general consensus or an approximate range of time it might take. Is it a matter of days, weeks, months, or even longer? And what factors, if any, significantly impact this duration? I'm also interested in knowing if the difficulty level of mining Bitcoin has any bearing on the time it takes to mine one.
Silvia
Thu Jun 06 2024
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6 answers
1230
Is it illegal to sell Bitcoin for cash Australia?｜Beginner's Guide to Regulation. Bitcoin is 100% legal in Australia. .It's legal to buy, sell, trade, spend, receive, and store
Is it permissible in Australia to exchange Bitcoin for cash? As a beginner, I'm a bit confused about the regulations. I've heard that Bitcoin is entirely legal in our country, but I'm not sure if that applies to selling it for cash. Can you clarify? Is it legal to buy, sell, trade, spend, receive, and store Bitcoin in Australia without violating any laws?
