Launceston’s Nugget’s News teaching world on Bitcoin

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While the concept of cryptocurrency has been known to leave the average person in a headspin, one Launceston-based business is clearing the air on the complex topic. Nugget’s News is a web-based business that helps teach those intrigued by digital currency about how it works and how it can work for them. It started as a curiosity for Nuggets New’s founder Alex Saunders, of Launceston, after stocks he got for his 21st took a hit during the Global Financial Crisis of 2008. “I got really interested in how shares worked and then went down the rabbit hole and learnt how banks, debt and money all worked and just became really fascinated with that stuff,” he said. “I started reading about Bitcoin in 2012 and thought that it was going to take off.” Bitcoin is a cryptocurrency – a digital currency that is regulated by its users and can be transferred around the world without an intermediary. “Bitcoin is the world’s first digital currency that is…