1、1Crypto for the real worldRevolutionising everyday purchases using cryptocurrency.What Australian businesses and consumers say about the future of transacting in cryptocurrency AUGUST 20222ContentsIntroduction 3Level of Interest 5How ready is Australia?7Key Barriers 8Cryptocurrency Preferences 9Paym

2、ent Mediums 10Industry Segments 11Settlement&Custody 12Conclusion 13About the Survey 143IntroductionFrom humble beginnings in 2008 to its latest 2021 price peak,Bitcoin(BTC)and cryptocurrencies in general have increased investor interest and wider market participation.Crypto and the blockchain techn

3、ology that powers it is enjoying widespread popular embrace amid a proliferation of alt coins,DeFi projects,surging market capitalisation and the explosion of interest in non-fungible tokens(NFTs).The market value of cryptocurrencies reached US$3.2 trillion in November 2021,coinciding with a surge o

4、f investment in projects that reimagined what is possible in a world that is decentralised and distinct from the traditional fiat financial system.Its appeal has surged beyond venture capital to mainstream banks and sovereign wealth funds,as well as accelorating efforts by authorities to regulate cr

5、yptocurrency and make it safe for the mainstream.As the popularity of cryptocurrency has increased,so has demand for ways to use it in the real world as an alternative to entrenched,expensive and slow traditional means.This report was commissioned to test Australian consumer and merchant attitudes t

6、oward one of the key use cases still to be conquered paying for everyday goods and services at point of sale using cryptocurrency.The results reveal strong demand from both consumers and merchants for means to transact in cryptocurrency and belief in the long-term use case.Consumers clearly see it a