There is a common belief (some say misconception) in the public that cryptocurrency is ‘everything one does not understand about money combined with everything one does not understand about computers’. This book will explain and illustrate the new and exciting world of blockchain and cryptocurrencies in layman’s terms. Superannuation and taxation are looked at from an Australian perspective.
This book covers a wide range of topics including the history of money, cryptography, the origin and purpose of blockchain, the origin and purpose of digital currency, current uses and potential application, blockchain and its rivals, Australian taxation, purchasing goods and services, mining and trading, hacking and scams, how countries view cryptocurrencies, how banks are reacting (is it a bubble ?) and, finally, closing thoughts from the authors.