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What some of Australia s early cryptocurrency adopters are doing now

Save Share Kain Warwick’s crypto-anarchist bent began at 14, when his parents forbade him from expanding his tennis racquet restringing business. His father, Kim Warwick, toured as a professional tennis player, winning three titles including the 1981 Australian Open Doubles Championship, and reaching a career-high ranking of 15. Young Kain saw an opportunity to restring racquets at the family tennis centre. When he was quickly swamped with orders, his parents – perhaps fearing the dereliction of his school homework – shut the business down. It was a stunning lesson for Warwick in how authorities can stifle business innovation. And it set in train a lifelong distrust of any system where someone in charge gets to tell others what they can and can’t do.

Crypto: Despite the risks, is Bitcoin becoming mainstream?

Crypto: Despite the risks, is Bitcoin becoming mainstream? 2020 was a record-breaking year for Bitcoin, and this year may not be any different. Despite its spectacular drop last week, the crypto frenzy is far from over. Banks, well-known business leaders and investors all seem to jump on the digital currency bandwagon. Bitcoin has come a long way since it first launched in 2009, when – in its first year alone – individual coins jumped in value from USD 0.0008 to USD 0.08. In recent months, Bitcoin hit an all-time record high helped by PayPal, Mastercard, Elon Musk, BNY Mellon’s adoption and the influx of institutional funds, which has given Bitcoin some credibility and legitimacy.

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