Australia Stimulates COVID-19 Vaccine Rollout By Giving BTC

Australia stimulates COVID-19 vaccine rollout by giving out a chunk of BTC for everyone that is interested to take the shot as we can see more in our latest bitcoin news today.

The Australian entrepreneur Fred Schebesta said he will give $5 worth of BTC to people that will get the shot and to those that already had it. Considering Australia’s population, he will have to distribute about $104 million if everyone takes advantage of the offer. Fred Schebesta is the co-founder of the financial comparison website Finder and he revealed more plans to hand over $5 worth of BTC to Australians that have taken the COVID vaccine back in February. He also added that those that are about to take it will benefit from the offer as well:

“I’ve had this crazy idea right now – I’ve never spoken about this. We’re going to give everyone in Australia who gets vaccinated $5 of Bitcoin. Get vaxxed baby, and get your Bitcoin baby as well.”

The 40-year old explained that every person is able to apply once for this offer and to claim the amount of BTC, people will have to download the Finder app and present proof of vaccination, and once that is done, the digital asset will appear in the wallets. A little bit less than 50% of the population over 16-years old has at least one vaccine shot while those with a full vaccination cycle are around 27% so if you do the math, Schebesta has to distribute up to $155 million to uphold his promise.

Some experts see BTC as a volatile and risky asset but the millionaire forecasted that its price will hit $255,000 by 2025 and if this prediction comes true, the holders will increase their crypto exposure by six times. Schebesta made the announcement during an interview with radio host Kyle Sandilands who performed the song “Get Vaxxed Baby” a month ago to try and convince the locals to take the vaccine. While Australia stimulates COVID-19 vaccine rollout, scammers in Italy started offering fake COVID passes to thousands of people in exchange for crypto. The Italian police halted the groups operating on the online messaging application Telegram where the locals were able to buy the vaccine certificates but the sellers preferred to be paid in crypto.

The criminals didn’t have a fixed price for the services but customers could buy it up for 500 EUR or $588 but the Italian officials didn’t disclose what type of assets the scammers accepted. Italy has been one of the worst affected countries by COVID but now over 65% of the people there are vaccinated.
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