Australia: Bitcoin as a gift to those who vaccinate against Covid-19
Australia: Bitcoin as a gift to those who vaccinate against Covid-19

Australia: Bitcoin as a gift to those who vaccinate against Covid-19

By Stefania Stimolo - 18 Aug 2021

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Finder co-founder Fred Schebesta has decided to offer a total of $100 million in BTC for Australians who vaccinate against Covid-19. 

“This is how we want to help the world get back to normal. Starting with Australia. Get vaxxed baby and get your #bitcoin baby!”

Specifically, Schebesta appears to be giving away $5 in BTC to anyone who has taken the Covid19 vaccine since February 21, 2021. 

$5 is indeed a very low figure to be a real incentive to get vaccinated, especially for those who are still really reluctant.

Anyway, doing the math, if all vaccinated Australians came forward with the single allowed request, Schebesta would shell out $104 million.

The news was announced directly by Kyle Sandilands, who made a rap video ‘Get Vaxxed Baby’ last month, encouraging young people to get the vaccine.

An original campaign from Schebesta, who commented as follows:

“I’ve got 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. How can I help?’ […] Get vaccinated baby, and get your Bitcoin baby too […] vaccination is our path out of lockdowns so we want to do everything we can to support Australians to roll up their sleeves and get back to normal. We want to reward you for getting the COVID vaccine and what better way than to give away some Bitcoin.”

Schebesta’s gifting BTCs come from his fortune valued at $214 million, and he is considered Australia’s 26th wealthiest under-40 individual.

Bitcoins gifted to anti-covid19 vaccinators to get out of lockdown

At the moment, Premier Gladys Berejiklian has hinted that the stricter lockdowns in Sydney and Western NSW will not be eased until 70% of the population has taken the anti-Covid vaccine. 

That’s why vaccine campaigns are pushing to get to that figure, as currently, 53% are vaccinated.

Schebesta’s proposed incentive works by downloading the Finder app and providing proof of vaccination performed to get the promised $5 in BTC. 

Bitcoin’s predictions

Schebesta himself would also declare his positive sentiment on the price of the queen of cryptocurrencies, stating that by 2025 its price could increase five times. Surely, even that would happen, the $5 would become $25, thus not a real incentive.

But the generous pro-vaccine Australian entrepreneur is not the only one who sees positivity in the price of BTC. Although yesterday BTC slipped to $46,000 with a slight loss over 24 hours of 1.2%, analysts had predicted that the resistance to be tested is $47,500, to then stretch towards $51,600, thus passing the psychological threshold of 50k.

In fact, during the last few hours, the price of BTC slipped to $44,000 to be at the time of writing, back at $45,000. 


Stefania Stimolo

Graduated in Marketing and Communication, Stefania is an explorer of innovative opportunities. She started out as a Sales Assistant for e-commerce, and in 2016 she began to develop a passion for the digital world, initially in the Network Marketing sector, where she discovered and became passionate about the ideals behind Bitcoin and Blockchain technology, which lead her to work as a copywriter and translator for ICO projects and blogs, and organize introductory courses.

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