Services like these are an essential part of crypto for personal users!

I've been looking into the ATO taxation treatment of cryptocurrencies. I'm sure a lot of people are sitting on large capital gains at the moment on their crypto holdings after the recent rally. If you sell on an exchange, and your originally bought bitcoin as an investment, you will be liable for taxation on those gains.

Now, I know a lot of people would just say, don't declare it. However, if you want a clear conscious with regards to your state overlords, according to ATO guidance, so long as you acquired bitcoin (or STEEM or whatever other crypto) for less than $10,000 and use it to purchase goods or services for personal use, you will not be liable for income tax on the gains. See:

Using Bitcoin to pay for personal transactions

Generally, there will be no income tax or GST implications if you are not in business or carrying on an enterprise and you simply pay for goods or services in bitcoin (for example, acquiring personal goods or services on the internet using Bitcoin). Where you use bitcoin to purchase goods or services for personal use or consumption, any capital gain or loss from disposal of the bitcoin will be disregarded (as a personal use asset) provided the cost of the bitcoin is $10,000 or less.

So, you should be able to spend your bitcoin (or STEEM in the future) on LROS and not have to worry about having the ATO on your back.

I am not a lawyer or tax accountant. Get your own professional advice before relying on this strategy.