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Cryptocurrencies Such as Bitcoin, Etherium, Dodgecoin, etc. in Western Australia

Are digital currencies real money that can actually be used in a store? Without a doubt. In Western Australia, cryptocurrencies are both digital money and are certainly considered an asset. Simultaneously, they're both considered to be a store of value and a medium of exchange.

Money is used in daily life for purchases, and additionally, it's something which you expect might be going up in value every day.

The money you get as a paycheck and spend is not a store of value. What changed? Inflation. Every single day in Western Australia, the prices for products and services go up, but so does the money supply. So any money you have is dropping in buying power as time ticks on.

So ultimately, your buying power erodes.

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Blockchain Technology as It May Apply in Western Australia

Blockchain Technology is not just about a secure and new form of money. It's inconceivably beyond that. It's a technology that is applied in a myriad of applications, from your government functions, to financial services, to how all information is managed – globally.

Unnoticed and unaware, your world is changing, because of blockchain… From how all the personal information about you is secured, to how it's managed, to considerably lowering transaction costs.

Blockchain technology in Western Australia will on all levels revolutionize the way you interact with your employer, your government and your retailers. All for the better.

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