Bitcoin Forum

they should have at least called me and said this is what they are doing

Senate Economics References Committee
Members    
Senator Mark Bishop, Chair    Western Australia, ALP
Senator David Bushby, Deputy Chair    Tasmania, LP
Senator Sam Dastyari    New South Wales, ALP
Senator Louise Pratt    Western Australia, ALP
Senator John Williams    New South Wales, NATS
Senator Nick Xenophon    South Australia, IND

Secretariat

Dr Kathleen Dermody, Secretary
Ms Leonie Lam, Research Officer
Ms Morana Kavgic, Administrative Officer

PO Box 6100
Parliament House
Canberra ACT 2600
Ph: 02 6277 3540
Fax: 02 6277 5719
E-mail: economics.sen@aph.gov.au


the chair is (Whom they have Cherry picked as the youngest bloke hoping/praying/wishful thinking that he might know something )

Senator Sam Dastyari    New South Wales, ALP

Sam Dastyari (born 28 July 1983,[5] in Sari, Iran[3]) is an Australian Senator representing New South Wales, and former General Secretary of the New South Wales branch of the Australian Labor Party.

Born in the Iranian fishing village of Sari[3] to an Azeri father and Iranian mother, Dastyari arrived in Australia aged five years. His parents were student activists in the 1979 Iranian revolution.[2]

After graduating from Baulkham Hills High School, Dastyari enrolled in the University of Sydney where he studied for a Bachelor of Economics and Bachelor of Laws but soon dropped out. He has since completed undergraduate studies Macquarie University where he graduated with a Bachelor of Arts majoring in politics.

Dastyari joined the Labor Party at 16, running the Labor Club while at university and becoming President of Young Labor



***** They havent updated the website Senator Louise Pratt isnt even in government anymore

Source? pretty interesting none the less!

Did I miss something here?




http://www.abc.net.au/technology/articles/2014/10/03/4099907.htm

http://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/Digital_currency

yeah what could possibly go wrong with their inquiry right ?

The US Senate Inquiry into Crypto only ended up meeting with the Karpeles crime gang,

Karpeles crime gang  HaHa

Are you being serious? Why should they have called you?

Are u serious ?

since the 8 months after i wrote the Cryptocurrency Constitution the Price Skyrocketed to 1250 US dollars

how bout u do me a favor read these and tell me if their is anything interesting in them

http://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/Digital_currency/Submissions

I am confused. What authority do you have that requires the legislative  branch of a government to have to contact you prior to discussing bitcoin???

They first called the Bitcoin CEO, but he was busy committing suicide. Then they called Satoshi Nakamoto, but he only answers the red phone in Commissioner Gordon's office. Then they called Captain Blockchain, but he was waiting on a long confirmation. They tried to call you but hung up because they heard a strange whine on the line.

Sorry, just having some beasty fun.

They didn't get my approval either.  :-\

now your talking

Thats pretty dodgy mate, i hope you sort it out with them.

Australia is not doing very well with the whole crypto movement. I feel that it has got the same cancerous thoughts as the US.

Europe seems to be the leading point so far.

Cheers for sharing that.

Done! I just read all of the submissions. There is not a single submission that is against bitcoin, infact, most support it.

What is needed is more submissions and a greater input from the bitcoin community.

Just to give this some background, the Senate enquiry came about after the Tax Office made a preliminary decision to impose a 10% tax on the purchase of bitcoin. The government though they "got it wrong" so they've launched a senate enquiry to properly explore and examine the use, adoption and taxation of bitcoin.

Submissions are open for another week and a half. I'd encourage everyone to write a letter/submission, regardless if you're an Australian citizen or not. Ignoring governments won't make this any easier for the community as a whole - unlike Americans, we don't all openly hate our government.

Dear Australia,

You suck! Why do you hate me?

Kind Regards,
Bitcoin


And im from australia!!! Lovely place but i just wish the politicians would spend money wiser and cut with all the tax mooching bullshit. its like the government are a bunch of dole bludgers and its people are the governments personal welfare office. The government should get a job instead of taking free hand outs from its people.

Sorry, who are you?  We spoke to Dastyari at this event on the weekend.   http://gdcc.international/

Maybe it was because you can't spell *inquiry* :P

It's "enquiry" in Australia ;)

Bitcoin shouldn't be a tax exempt asset. CGT should apply, but not GST. This would make it no different to ASX shares or speculation in USD.

Inquiry is formal.
Enquire is act of questioning.

What happens in practice is probably more important:

"In practice, however, enquire (and enquiry) is more common in British English while inquire (and inquiry) is more common in US English, but otherwise there is little discernible distinction in the way the words are used."

Australia is Queen's English. Inquiry it is.

Don't get cockney on us.

Yes, so it's enquiry...

Well my invitation says Inquiry...

http://i59.tinypic.com/15dx3te.png

I have just watched the Australian, Senate economics references committee on youtube, all 4 hours, yes i have no life.
It was actually good and very interesting if you are in Australia.

I would at least recomend watching the 1st hour with Mark Pesce, he did speak well of bitcoin but he didnt know about paper wallerts and the talk on mining was funny, so probably wasn't the best choice that could have been made to discuss bitcoin to the senate.

They get stuck on the tax laws for a long time but i guess thats what its about.
Outcome to me sounded to me like the govenment wasnt adverse to bitcoin, just not well informed and until they get some speakers that know more then there always going to be confused.

Lucas Cullen from bitcoin brisbane was probably the most informened speaker they had, a few more like him and the govenment might know more and can finally pass some decent rules on bitcoin tax laws so we dont pay tax twice.

Edit: wow only seen the post above after i wrote this. Hey doof, well done, as i said we need more like you taking your time to  stand up and speak for the community.
Keep up the good work, i would send you a donation but when i heard you talk about your 3k investment im gussing you got more than my $5 worth. Did they back tax you on that?