Small Australian City Plans for a Big Bitcoin Economy

By October 30, 2014Bitcoin Politics

Small Australian City Plans for a Big Bitcoin Economy

Launceston Tasmania A plan to build the "world’s largest" local bitcoin-based economy is underway in the city of Launceston, Australia, with support from local businesses and even government.

Project organizers say the compact Tasmanian city  with a population of 106,000 will make a good high-density testing ground for bitcoin. The plan is aimed to cover various levels of the business supply chain, allowing users to both receive and spend their bitcoins, rather than simply converting them to Australian […]

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