No.
More and more organisations are accepting Bitcoin. As we write this, some of the reputable organisations accepting Bitcoin payments are:
Our customer base is inherently internet and technology savvy. This is the same group of people that tend to have invested in Bitcoins. Adding an additional payment method simply expands the range of options for our customers.
This is especially important now that the Australian Tax Office (ATO) has said: any capital gain or loss from disposal of the bitcoin will be disregarded (as a personal use asset) provided the cost of the bitcoin is $10,000 or less
Absolutely not.
The ATO regards Bitcoin transations as legitimate for trade of goods and services.
Here is what the ATO has to say: Click link
We quote and invoice in AUD (Australian Dollars). The Bitcoin (BTC) processor company we use converts the AUD to BTC.
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Ubiquiti has authorised us as a Warranty Return Centre.
That means we can process Ubiquiti warranty returns in Australia.