Invest
Aussie brands start transacting with bitcoin
Aussie watchmaker Jacopo Dondi has announced that it’s now accepting bitcoin as payment, having welcomed the world’s most popular cryptocurrency as a sign of its willingness to embrace the unconventional in business.

Aussie brands start transacting with bitcoin
Aussie watchmaker Jacopo Dondi has announced that it’s now accepting bitcoin as payment, having welcomed the world’s most popular cryptocurrency as a sign of its willingness to embrace the unconventional in business.

Launching in 2016 via crowdfunding platform Kickstarter, Perth-based Jacopo Dondi is welcoming customer payments in bitcoin, ethereum or litecoin, alongside the more traditional methods.
The founders said the decision to start accepting cryptocurrency was actually an easy one.
“We had recently begun investing in cryptocurrencies ourselves, and it just seemed like accepting the currencies through our business was a logical step,” partners Jake and Carmen said.
“We understand that many people still find the volatility of cryptocurrencies a huge risk, and they certainly can be in the short term, but there is a growing number of people that have realised that this is where the world is likely heading anyway, and that over a longer period of time, they’re not as risky as they appear.”
Jacopo Dondi may be one of the firsts to offer crypto-acceptance via their website, but with bitcoin currently exceeding all-time highs on what seems like a daily basis, other Aussie brands are likely to follow.
And according to investment expert Henrik Andersson, co-founder and CIO of Apollo Capital, other Aussies should consider putting some of their cash behind bitcoin.
“Investors looking for a potential uncorrelated portfolio asset with upside should consider bitcoin in a diversified portfolio,” Mr Andersson told nestegg.
“Bitcoin is increasingly being recognised as a digital store of value. With central banks around the world running the money printers at full speed, sophisticated investors increasingly see the absolute scarcity of Bitcoin as an attractive hedge,” Mr Andersson added.
About the author

About the author


Cryptocurrency
Bitcoin reaches record high ahead of ‘truly momentous day’
The price of bitcoin has surged to a new high following the direct listing of a crypto exchange platform which experts describe as a ‘truly momentous day in the cryptoverse’. ...Read more

Cryptocurrency
JP Morgan lifts bitcoin price prediction as cryptoasset market cap breaks record
Despite once being a crypto sceptic, JP Morgan has now revised its bitcoin price target to $130,000. ...Read more

Cryptocurrency
Does Australia need to regulate the cryptocurrency market?
Australia needs to set up its own regulatory oversight of the domestic digital asset market or risk being left behind by the rest of the world, a cryptocurrency specialist has warned. ...Read more

Cryptocurrency
Bitcoin’s staggering energy consumption figures revealed
As sustainable investing continues to draw increasing attention, questions are being raised about bitcoin’s energy consumption and its environmental impact. ...Read more

Cryptocurrency
Investors hunt for the next bitcoin
The high price of bitcoin following its 2021 rally has seen investors focus on trying to pick the next booming crypto currency, an industry expert has said. ...Read more

Cryptocurrency
Musk’s fortune tumbles alongside bitcoin following Twitter warning
Elon Musk has been dethroned, losing his title as the richest person in the world after Tesla shares dropped 8.6 per cent on Monday, instantaneously wiping US$15.2 billion off his fortune. ...Read more

Cryptocurrency
Over 100k bitcoin addresses hold over US$1m each
With forecasts emerging that Tesla is set to make more from bitcoin than profits from selling its electric cars in 2020, new research has revealed that there are now over 100,000 bitcoin addresses hol...Read more

Cryptocurrency
Ethereum’s all-time high ‘just the beginning’
The latest run for the second-largest cryptocurrency, ethereum, has seen it surge to a new record high, with an analyst stating its record run is “just the beginning”. ...Read more

Is the market overheating; should ETFs take your fancy, and what’s happening to the low and middle income tax offset?
Listen now

Home values up 30% (or are they); NFTs taking the world by storm, and why Keating thinks Aussies will be ‘poor’ in retirement
Listen now

Raging floods, the tech stock bubble and the ongoing SG debate
Listen now

Meet the Manager with Trilogy’s Philip Ryan: RBA rates and property price growth
Listen now

Cryptocurrency
Bitcoin reaches record high ahead of ‘truly momentous day’
The price of bitcoin has surged to a new high following the direct listing of a crypto exchange platform which experts describe as a ‘truly momentous day in the cryptoverse’. ...Read more

Cryptocurrency
JP Morgan lifts bitcoin price prediction as cryptoasset market cap breaks record
Despite once being a crypto sceptic, JP Morgan has now revised its bitcoin price target to $130,000. ...Read more

Cryptocurrency
Does Australia need to regulate the cryptocurrency market?
Australia needs to set up its own regulatory oversight of the domestic digital asset market or risk being left behind by the rest of the world, a cryptocurrency specialist has warned. ...Read more

Cryptocurrency
Bitcoin’s staggering energy consumption figures revealed
As sustainable investing continues to draw increasing attention, questions are being raised about bitcoin’s energy consumption and its environmental impact. ...Read more

Cryptocurrency
Investors hunt for the next bitcoin
The high price of bitcoin following its 2021 rally has seen investors focus on trying to pick the next booming crypto currency, an industry expert has said. ...Read more

Cryptocurrency
Musk’s fortune tumbles alongside bitcoin following Twitter warning
Elon Musk has been dethroned, losing his title as the richest person in the world after Tesla shares dropped 8.6 per cent on Monday, instantaneously wiping US$15.2 billion off his fortune. ...Read more

Cryptocurrency
Over 100k bitcoin addresses hold over US$1m each
With forecasts emerging that Tesla is set to make more from bitcoin than profits from selling its electric cars in 2020, new research has revealed that there are now over 100,000 bitcoin addresses hol...Read more

Cryptocurrency
Ethereum’s all-time high ‘just the beginning’
The latest run for the second-largest cryptocurrency, ethereum, has seen it surge to a new record high, with an analyst stating its record run is “just the beginning”. ...Read more