According to Reserves Bank of Australia (RBA) cryptocurrencies will not be given a broad acceptance in Australia in the near future. The report stated that there is very little possibility of the substantial acceptance of crypto for marketing disbursements in the state in the estimative future due to multiple causes. The authors of the report have defined the scalability trilemma i.e. crypto is capable of solving only two of the three elementary features like devolution, scalability, and safety. The report adds that crypto will always lack a few attributes, which supposedly makes it less striking. The document stated that practically,
