The Australian Bitcoin Industry Body (ABIB) has responded to recent remarks by RBA Governor Michele Bullock, who asserted that Bitcoin “is not money” and has “no role in the Australian economy,” by offering to collaborate with the RBA to improve understanding of Bitcoin’s unique role and benefits.
ABIB proposed to provide educational resources, clarify distinctions between Bitcoin and the crypto industry, and share global examples of Bitcoin’s positive societal and economic impact. The organisation also encouraged RBA staff to review foundational materials, such as the Bitcoin Whitepaper, and invited the RBA to engage in in-person or virtual discussions to support informed policymaking and a more nuanced perspective on Bitcoin.
An Open Letter to RBA Board and Staff on Bitcoin
https://bitcoinindustrybody.org.au/an-open-letter-to-rba-board-and-staff-on-bitcoin/
Pay Atention!
William K⚡Santiago🔑☢️
npub1h3…w96sj
2024-11-15 14:38:38
Author Public Key
npub1h3fzzzeq60acjvnyvw34rpn5clkaueteffmkt3ln4ygekg9lcm0qhw96sjPublished at
2024-11-15 14:38:38Event JSON
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"content": "The Australian Bitcoin Industry Body (ABIB) has responded to recent remarks by RBA Governor Michele Bullock, who asserted that Bitcoin “is not money” and has “no role in the Australian economy,” by offering to collaborate with the RBA to improve understanding of Bitcoin’s unique role and benefits.\n\nABIB proposed to provide educational resources, clarify distinctions between Bitcoin and the crypto industry, and share global examples of Bitcoin’s positive societal and economic impact. The organisation also encouraged RBA staff to review foundational materials, such as the Bitcoin Whitepaper, and invited the RBA to engage in in-person or virtual discussions to support informed policymaking and a more nuanced perspective on Bitcoin.\n\nAn Open Letter to RBA Board and Staff on Bitcoin\nhttps://bitcoinindustrybody.org.au/an-open-letter-to-rba-board-and-staff-on-bitcoin/\n\nPay Atention!\n",
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