Is it because the creator of Bitcoin could, just maybe, be an Aussie?
The day after the mysterious Craig Wright told news outlets he was the father of Bitcoin, which many people continue to very much doubt, the Australian government included a number of crypto-currency-friendly measures in its 2016 budget.
SEE ALSO:Global tech companies to pay up as Australia gets its own 'Google Tax'Tuesday night local time, the government repeated its proposal, first announced by Treasurer Scott Morrison in March, to end the double taxation of Bitcoin in Australia. The Australian Taxation Office currently treats Bitcoin as a commodity rather than a currency, meaning both the Bitcoin transaction and the goods purchased are liable for a 10% Goods and Services Tax (GST).
In its budget, the government also flagged that Data61, the data innovation arm of Australia's peak science body, the CSIRO, would investigate the possible use of the blockchain in the public and private sector. A number of Australian banks have already indicated their interest in the technology.
The blockchain refers to the backbone of Bitcoin -- a distributed ledger that transparently records every transaction and is particularly difficult to tamper with.
Australia is not the only country considering trials of the technology. The British government recently announced it was considering using the blockchain to distribute grants or student loans.
Have something to add to this story? Share it in the comments.
TopicsBitcoin
(责任编辑：綜合)
Olympic security asks female Iranian fan to drop protest sign'Tag' and 15 other unbelievable true stories made into moviesKim Kardashian's fiery tweets about Donda's House, explainedThis Olive Garden commercial script introducing lasagna wings is just too goodThis weird squid looks like it has googly eyes, guysJ.K. Rowling makes 'Harry Potter' joke about Olympics event
LONDON -- For anyone who isn't familiar with the Olympics omnium events in the velodrome, the points
...[详细]Watch Jimmy Fallon's surprise commencement speech at Marjory Stoneman Douglas High School
Jimmy Fallon surprised graduates of Marjory Stoneman Douglas High School on Sunday, with a commencem
...[详细]Pete Souza is releasing an entire book of nothing but Trump shade
Pete Souza has mastered the art of throwing shade, and he's turned his talent into another book deal
...[详细]A Fox News host mistakenly referred to Trump as a 'dictator'
Okay, it was probably an honest mistake, but it's still pretty funny to hear a Fox News host inadver
...[详细]There's a big piece of fake chicken stuck to this phone case
If the perfect smartphone case signals a bit about who its owner is, then this silicon fried chicken
...[详细]Facebook's Oculus Venues streams its first VR concert. Was it any good?
When Australian artist Vance Joy performed at Colorado'sRed Rocks Amphitheatre on Wednesday, there w
...[详细]Google Translate is using AI to power a robust offline mode
Google Translate is about to get a lot more useful to those with spotty internet connections.
。Google
...[详细]Moto G6 review: A sub $300 Android phone with a few quirks
Motorola's new Moto G6 has a superb design at a sub $300 price point. But a premium feel for an affo
...[详细]Over 82,000 evacuate as Blue Cut fire rapidly spreads in southern California
A rapidly spreading wildfire in southern California's Cajon Pass has grown in hot, dry weather, thre
...[详细]Emma Watson sends moving message to people voting in Ireland’s abortion referendum
Emma Watson has tweeted an inspiring message to people voting in Ireland's historic abortion referen
...[详细]'Rocket League' Championship Series Season 2 offers $250,000 prize pool
How we faced much more than the dark in 'Are You Afraid of the Dark?'