Australia’s reserve bank decides to not regulate Bitcoin. Judgment is that the current very limited use of digital currencies means that they do not raise any significant concerns with respect…
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Australia’s reserve bank decides to not regulate Bitcoin. Judgment is that the current very limited use of digital currencies means that they do not raise any significant concerns with respect…
This is just beautiful. For anyone who doesn’t understand politics, this is
just a move by the regulators to allow Bitcoin to grow unhindered by
stating that it’s not a threat, thereby not raising anybody’s radar.
If they were to say, “Bitcoin is going to transform the current finance
system and banking paradigm”. It would immediately be crushed by a mountain
of regulations. They are doing the right thing here.
“Nothing to see here, move along…”