it says in one of these
http://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/Digital_currency/SubmissionsIn Korea, one of the jurisdictions we are considering moving our operations to, the five largest banks got
together to provide early-stage funding directly to digital currency companies. They did so because they
recognize the enormous cost-savings advantages these new technologies will give them. By contrast,
Australian banks have uniformly turned down any involvement with our company, citing the regulatory
restraints imposed by the Australian Government. As a result Australian citizens and companies will be
forced to buy the future of money from the Koreans, just as they do with cars, and TVs, and phones, and
computers. Perhaps the Government can just issue high school graduates with a shovel and a surfboard,
for that will be all they’ll ever need.