Austria came up with Austrian economics. Is it any wonder that as early as 2019, they were breaking new ground with Ethereum? The Austrian Post Office launched the Crypto Stamp project. Available in red, yellow, blue, green and black colours, these stamps came with a physical version and its accompanying NFT that could be stored in a user’s wallet.

Some of us haven’t even started to dabble in ETH yet. It gets better. In 2018, the Austrian government used the Ethereum blockchain to issue €1.15 billion ($1.35 billion) of government bonds in an unprecedented Federal Bond Auction. Its clever leverage of blockchain to notarise government assets foreshadowed ETH’s utility.

What good is investing if we don’t deploy our financial assets to solve our money problems? In Austria, one’s Diamond Hands mindset is rewarded because A1 Telekom Austria, a leading telecom provider, empowers users to pay 2500 merchants with ETH. Oh, the beauty of Magic Internet Money. You keep spending your ETH during a bull market, but your stash remains unscathed.

Seems like the Austrians have various avenues to enjoy using ETH. Do you envy them?

References
https://nz.news.yahoo.com/finance/news/austria-post-launches-crypto-stamp-132010928.html

https://cointelegraph.com/news/austria-to-use-ethereum-public-blockchain-to-issue-135-bln-in-government-bonds

https://www.coindesk.com/markets/2020/07/27/leading-austrian-telecom-provider-adds-cryptocurrencies-to-its-cashless-payment-network/?_gl=1