Brisbane-based blockchain firm Living Room of Satoshi that created a service for Australian citizens to pay their household bills with bitcoin, reported that Australians have paid over $5 million of everyday household bills with the digital currency since its launch in 2014.

The announcement marks as a milestone for the online service Living Room of Satoshi that enables payment of any Australian bill using bitcoin; including phone bills, electricity bills, school fees, credit card and tax payments.

With such an ease in payments, bitcoin is experiencing strong adoption growth in Australia and offers a fast and secure alternative to traditional online payments.

“I started Living Room of Satoshi in 2014 because at the time there was very little practical use for the nascent currency bitcoin. Bitcoin is the currency of the internet. It’s fascinating that a competing non-AUD currency is being used in Australia in a very tangible way – we’ve processed over $5 million in payments,” Daniel Alexiuc, CEO of the company, stated.

Living Room of Satoshi enables Australians to simply enter the BPAY or bank details from the bottom of your bill into the homepage, and paying the specified amount of bitcoin that comes up. It does not require any login requirements and registration process.

The market price of bitcoin has been gaining value rapidly, hovering in the $300 range during 2015, and increasing to over $1700 AUD in May 2017 (approx).