To buy his first Bitcoin, Luke Torsello sent money to four different places before it ended up as a token in the virtual environment Second Life, which allowed him to buy crypto from a “shady” exchange in Russia.
More than 10 years later, the process of buying Bitcoin is much more straightforward, he tells SBS News, although to many Australians, it seems as mystifying as ever.
The Sydney resident, who moderates the Facebook page Crypto Australia, believes the election of United States President Donald Trump could soon make buying cryptocurrencies even easier — and safer.
This is the dawning of a brand new era where clear, concise regulation will be brought in — which is all the community’s ever asked for or wanted.
Trump was once…