Australia’s net zero obsession, high taxes holding back crypto sector as other nations capitalise on its ‘transformative potential’, top tech entrepreneur says
Bitcoin’s surge past US$100,000 this month, driven by the US Treasury’s plan to expand its Strategic Bitcoin Reserve, marks a key moment in crypto’s historic if volatile journey.
Since its inception in 2009, Bitcoin’s price has been a rollercoaster: from $0.40 in 2010 to surpassing $100,000 in 2025.
Not many asset classes have provided returns in this vicinity – select top-performing stocks like NVIDIA or Tesla other rare examples.
The question of course on everyone’s mind?
Is this meteoric rise sustainable, is it still just the beginning, or are we teetering on the edge of another correction?
With Bitcoin’s market cap now dancing around US$2.16 trillion, let’s dive into its global impact, policies, and implications.