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❕NEWS Among several nations working towards a green initiative, Australia has a massive lead in blockchain projects focused on the renewable energy market.

L

LutherKing

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Among several nations working towards a green initiative, Australia has a massive lead in blockchain projects focused on the renewable energy market

It aims to develop blockchain projects that help to make energy via windmill , solar and gei thermal energy to finish delendance in coal and they are ready to invest in the 2 leading AU's companies
 
I actually think Australia focusing on renewable energy would really help boost up the mining industry and even protect the country from negativity air pollution caused by the normal non renewable energy sources ,I really love the developers the country ,if the government emphasize on this more people would be interested in cryptocurrency mining
 
I actually think Australia focusing on renewable energy would really help boost up the mining industry and even protect the country from negativity air pollution caused by the normal non renewable energy sources ,I really love the developers the country ,if the government emphasize on this more people would be interested in cryptocurrency mining

i think that many Australians do have some knowledge and some studies say that more than 1,000,000 Australians are owning cryptocurrencies. However, cryptocurrencies still need to gain much popularity as the numbers of Australian using cryptocurrencies is still quite low. It is quite surprising to discover that merely one in 10 Australian folks have knowledge about cryptocurrencies, according to a study
 
i think that many Australians do have some knowledge and some studies say that more than 1,000,000 Australians are owning cryptocurrencies. However, cryptocurrencies still need to gain much popularity as the numbers of Australian using cryptocurrencies is still quite low. It is quite surprising to discover that merely one in 10 Australian folks have knowledge about cryptocurrencies, according to a study
that means they need to be enlightened more on it ,I think if you noticed it ,you would see that it's mainly the youth and younger generation that are involving more in cryptocurrency , while few of the older ones are more involved in crypto currency while the rest are more focused on stock market and others , probably the rest Australia who don't know are in that range
 
that means they need to be enlightened more on it ,I think if you noticed it ,you would see that it's mainly the youth and younger generation that are involving more in cryptocurrency , while few of the older ones are more involved in crypto currency while the rest are more focused on stock market and others , probably the rest Australia who don't know are in that range

The fact of the matter is that they will figure out about cryptocurrencies sooner or later because cryptocurrencies are rising and they are becoming more and more popular every year. However, I believe that digital era is yet to come and we are just entering the world of digital era. However, I still find it surprising that Australia is a western country and a Tier 1 country, but still cryptocurrencies are not popular in there.
 
The fact of the matter is that they will figure out about cryptocurrencies sooner or later because cryptocurrencies are rising and they are becoming more and more popular every year. However, I believe that digital era is yet to come and we are just entering the world of digital era. However, I still find it surprising that Australia is a western country and a Tier 1 country, but still cryptocurrencies are not popular in there.
I am suprised to see that too ,but I think Australia should work on such thing ,one characteristics of the tier 1 countries have is technological advancement ,and I really also expect them to have ,hopes the government sees this , because they could also contribute to spreading cryptocurrency adoption
 
I am suprised to see that too ,but I think Australia should work on such thing ,one characteristics of the tier 1 countries have is technological advancement ,and I really also expect them to have ,hopes the government sees this , because they could also contribute to spreading cryptocurrency adoption

Perhaps people might not be aware of cryptocurrencies because many people do not actually think that they need a digital currency? There should be a big reason why cryptocurrencies are not that popular. Australia is a country where the government's position is favorable.when it comes to cryptocurrencies. I think cryptocurrencies will gain popularity soon in there.
 
Perhaps people might not be aware of cryptocurrencies because many people do not actually think that they need a digital currency? There should be a big reason why cryptocurrencies are not that popular. Australia is a country where the government's position is favorable.when it comes to cryptocurrencies. I think cryptocurrencies will gain popularity soon in there.
yeah maybe the favourability of the government is what caused it , people might be enjoying the employment and social benefit ,so why then would they risk their investment to earn money ,I think in some countries majority are knowing and investing in cryptocurrency just to get employed and earn a living
 
yeah maybe the favourability of the government is what caused it , people might be enjoying the employment and social benefit ,so why then would they risk their investment to earn money ,I think in some countries majority are knowing and investing in cryptocurrency just to get employed and earn a living

I can understand what you are trying to say. When the government provides lucrative investment opportunities to its people, they tend to focus more on profitable investment opportunities and projects rather than risking their investments. Had cryptocurrencies been less risky, people would have invested more. However, the problem is that majority of the governments do not actually offer profitable investment opportunities. Cryptocurrency investments might be risky, but they are more profitable.
 
I can understand what you are trying to say. When the government provides lucrative investment opportunities to its people, they tend to focus more on profitable investment opportunities and projects rather than risking their investments. Had cryptocurrencies been less risky, people would have invested more. However, the problem is that majority of the governments do not actually offer profitable investment opportunities. Cryptocurrency investments might be risky, but they are more profitable.
exactly some government dosent even see the need to offer profitable investment opportunities , they don't even want to look at the profitable side ,some are only looking at the benefit they will personally get from cryptocurrency and not about the people making use of it and others ,they are bent on personal gains
 
exactly some government dosent even see the need to offer profitable investment opportunities , they don't even want to look at the profitable side ,some are only looking at the benefit they will personally get from cryptocurrency and not about the people making use of it and others ,they are bent on personal gains

One of the main reasons why the government usually does not offer such kind of investment opportunities is due to the fact that the government itself might be in heavy debts that are required to be paid by the government to foreign organizations and countries that give foreign loans to the nations.
 
One of the main reasons why the government usually does not offer such kind of investment opportunities is due to the fact that the government itself might be in heavy debts that are required to be paid by the government to foreign organizations and countries that give foreign loans to the nations.
i think in some countries some government keeps borrowing without effecting it in the country development ,they are not even interested in the heavy debt ,only they gains to make from that current position they are actually in ,not minding that cryptocurrency would help build the economic
 
i think in some countries some government keeps borrowing without effecting it in the country development ,they are not even interested in the heavy debt ,only they gains to make from that current position they are actually in ,not minding that cryptocurrency would help build the economic

Excessive borrowing will only lead to more debt and a time will come when the other countries will have an international right to confiscate the natural resources of the country. Foreign Reserves will decline and this could be really bad for the economy. I think that a country should avoid borrowing money and utilize natural resources and other economical resources to improve its economy.
 
Excessive borrowing will only lead to more debt and a time will come when the other countries will have an international right to confiscate the natural resources of the country. Foreign Reserves will decline and this could be really bad for the economy. I think that a country should avoid borrowing money and utilize natural resources and other economical resources to improve its economy.
exactly most countries are quite blessed with enough resources and most times I wonder why they still go ahead and borrow ,I think most times greed and corruption from the government could cause issues like this , probably the government would should work on the issues on cryptocurrency
 
exactly most countries are quite blessed with enough resources and most times I wonder why they still go ahead and borrow ,I think most times greed and corruption from the government could cause issues like this , probably the government would should work on the issues on cryptocurrency

i think that one of the main reasons why a country cannot use resources is due to the mismanagement of the administration of the country. I think that they also might not have enough capability to use the natural resources and this is why they have to rely on foreign intervention in order to run the economy. This is where things go bad.
 
i think that one of the main reasons why a country cannot use resources is due to the mismanagement of the administration of the country. I think that they also might not have enough capability to use the natural resources and this is why they have to rely on foreign intervention in order to run the economy. This is where things go bad.
yes you are right about mismanagement , because mismanagement are part of the issues that affects the economy growth , no attention is shown towards sector that would manage the country resources and ensure proper compliance , that's why poor management is affecting the growth of the country economy
 
That is an awesome move by the Australian government. Putting their focus on renewable energy makes cryptocurrency mining and other Blockchain projects to be really effective. At the end of the day, the country will not face serious climatic and environmental effects. Moreover, they will not face the issue of power outages due to high consumption of electricity.
 
yes you are right about mismanagement , because mismanagement are part of the issues that affects the economy growth , no attention is shown towards sector that would manage the country resources and ensure proper compliance , that's why poor management is affecting the growth of the country economy

When a government focus more on borrowing money rather than using what they got, they usually end up suffering from heavy debts. There are many countries that are poor despite being really rich. For example, Congo is one of the richest countries in the world, but still people are suffering there, unfortunately.
 
When a government focus more on borrowing money rather than using what they got, they usually end up suffering from heavy debts. There are many countries that are poor despite being really rich. For example, Congo is one of the richest countries in the world, but still people are suffering there, unfortunately.
well government needs to look at technologies and see how they could make some development off it ,just like the way Australia government are planning on using renewable energy for the Blockchain project , inorder to spread in green energy ,it's all good coming from the country , these are plans government needs to see through
 
well government needs to look at technologies and see how they could make some development off it ,just like the way Australia government are planning on using renewable energy for the Blockchain project , inorder to spread in green energy ,it's all good coming from the country , these are plans government needs to see through

Apart from economical woes and financial instability, corruption and justice system of a country may also play a big role when it comes to combating poverty and inflation. The economies of many countries are suffering due to flawed justice system and corruption in the governmental departments. A country cannot prosper if corruption is prevalent in there.
 

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