The first eftpos cards linked to bitcoin accounts will tried over the next couple of weeks. <\/p>\n
Bitcoin, the digital currency, is creeping from our computers into people's back pockets. <\/p>\n
A Melbourne company unveiled on Thursday the country's first bitcoin debit card, it says allow users to spend the digital currency at eftpos terminals. <\/p>\n
A trial of the cards will be done with about 100 people who already have bitcoin accounts over the next couple of weeks, before being made available generally. <\/p>\n
Users can pre-load the card with bitcoin, which is converted to Australian dollars. <\/p>\n
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The company will exchange bitcoin at a rate based on the day's global aggregate. On Thursday, it was worth about $500. <\/p>\n
The currency was invented in 2009 but is still viewed by many as the preserve of technologists and the digital elite. <\/p>\n
Reports of black market activities and hacking attacks, including one that fatally wounded the world's biggest exchange, Mt Gox, this year, have also dented bitcoin's reputation. <\/p>\n
But Australian entrepreneurs are determined to bring it into the mainstream. <\/p>\n
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Bitcoin debit card to bring virtual currency to back pocket<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The first eftpos cards linked to bitcoin accounts will tried over the next couple of weeks. Bitcoin, the digital currency, is creeping from our computers into people's back pockets. A Melbourne company unveiled on Thursday the country's first bitcoin debit card, it says allow users to spend the digital currency at eftpos terminals. Continue reading