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NFTs & Cryptocurrency: The new digital traits making Aussies thousands and thousands | 60 Minutes Australia



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You don’t must be Pythagoras to grasp this straightforward maths calculation: Ten years in the past, when you’d purchased one bitcoin for one greenback and saved it, it might now be value $70,000. It’s a large return on funding. After all, again in 2011, shopping for extremely speculative and unstable cryptocurrencies was an infinite gamble. However as Tom Steinfort reviews, that’s not the case. Big monetary establishments like Visa and Mastercard, and even celebrated traders like Elon Musk, are actually on board, giving legitimacy to the once-derided cryptocurrency sector. In flip that’s inspired the tech-boffins to invent much more “on the market” methods to make a buck.

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For forty years, 60 Minutes have been telling Australians the world’s biggest tales. Tales that modified historical past, our nation and our lives. Reporters Liz Hayes, Tom Steinfort, Tara Brown, Liam Bartlett and Sarah Abo look previous the headlines as a result of there’s at all times an even bigger image. Sundays are for 60 Minutes.

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