More than 30 business outlets in Agnes Water and the City of 1770 in Central Queensland are currently receiving crypto currency as a means of payment. People in the coastal city call themselves the first "digital currency-friendly" tourist city in Australia. The goal is to attract an international tourist market niche, which can pay for various products and services with digital currencies such as bitcoins that can be converted to Australian dollars.
Arabian Escapes Real Estate agent Micheal Burke said he had gained the support of local entrepreneurs to embrace digital currency technology into their city to boost key industries in their region of tourism.
Micheal Burke said the strategy was aimed at attracting more tourists to the area and attracting tourist alternatives.