Bitcoin Forum

https://www.youtube.com/watch?v=6FzQgNaZ-Gw (https://www.youtube.com/watch?v=6FzQgNaZ-Gw)
This is the part 2 of the Economics Senate hearing after Andreas's excellent testimony.

Interesting to see how the regulators are optimistic about Bitcoin's future while the Tax, AML and Treasury departments try to argue against it and squash any chance of growth. The regulators put up a great fight in getting across the Bitcoin industries views.

Please sign and share my petition widely to help us raise awareness in Australia for this unfair double/triple tax situation we've got down under!

https://www.change.org/p/treasury-of-the-australian-government-make-australia-a-bitcoin-friendly-country (https://www.change.org/p/treasury-of-the-australian-government-make-australia-a-bitcoin-friendly-country)

Also of note is the selective bias articles that the Australian mainstream media have picked from the hearings.

Like this:

http://www.zdnet.com/article/too-early-to-make-taxes-for-bitcoin-in-australia-treasury/ (http://www.zdnet.com/article/too-early-to-make-taxes-for-bitcoin-in-australia-treasury/)

and this:

http://www.smh.com.au/digital-life/digital-life-news/bitcoins-use-by-australian-mums-and-dads-to-buy-drugs-hinders-police-investigations-senate-inquiry-hears-20150304-13uqtt.html (http://www.smh.com.au/digital-life/digital-life-news/bitcoins-use-by-australian-mums-and-dads-to-buy-drugs-hinders-police-investigations-senate-inquiry-hears-20150304-13uqtt.html)

I will write my own article about the outdated legislation the ATO are trying to retrofit to digital currency and Treasury's reluctance to embrace innovation.

To sign the petition do we have to be Australian citizens?

Nope :)