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Cryptocurrencies such as Bitcoin, Litecoin, Dogecoin, seem to be all the rage at the moment. Both as an investment option and a potential alternative to traditional fiat currencies.
Whether they are a flash in the pan, or are here for the long haul, really is anybodies guess.
One thing that will hasten their general acceptance is being able to receive part or all of your salary in your favourite ‘coin’, possibly avoiding the exchange fees at the same time.
This is exactly what the 21st Century Media and Education Group of Companies is planning on doing. Combine this with their plan to release Bitcoin ATMs and an Australian Bitcoin Exchange, looks set for you to be seeing ‘Bitcoin Accepted Here’ signs everywhere.