This and other media coverage over the past month confirms my theory that if Kreuzberg is turning into Bitcoin Heaven, Oceania appears to be turning into Bitcoin Hell.
But Deloitte’s Centre for the Edge partner Peter Williams said BitCoin was an unstoppable force that would stabilise over time as more people bought into it.
“By its very nature it can’t be regulated [and] you can’t arrest an algorithm,” he said.
Mr. Williams reads like a very smart fellow, but is clearly outnumbered. For his own safety, him and those two gentlemen in Melbourne should consider emigrating before the witch-hunt officially begins.