The first Bitcoin ATMs installed in Melbourne and Sydney in mid-April are significant, and Bitcoin's position has been increasingly consolidated. More and more Australian companies have begun to accept Bitcoin payments, and Australia will continue to add 4 Bitcoin ATMs in the next year. People can buy bitcoin directly or withdraw cash from a bitcoin account.
At the end of the 2008-2009 global financial crisis, Bitcoin was officially launched. Bitcoin is generated by a computer password and is not controlled by any central bank. Proponents claim that Bitcoin can guarantee fast and anonymous transactions and generally reduce transaction fees paid to third parties.
Of course, there is no lack of accusations against Bitcoin in society. Bitcoin price fluctuations are too large to become a target of public criticism. At the end of 2013, 1 Bitcoin was worth more than $1000, but now, 1 Bitcoin is worth about 540 yuan. In addition, online companies that store Bitcoin have also been hacked.