Replying to Avatar 4

If it’s legal tender and you can pay your taxes with it, wouldn’t there have already been enough regulation or else they wouldn’t allow it to be used as payment?
Avatar
Low Information Voter 1y ago

Look at how a typical Third World country treats USD. That's how they think of Bitcoin at best.

Australian elites think of Bitcoin the way North Korea thinks of USD. There are a few other countries worse than Australia. Bangladesh comes to mind.

Reply to this note

Please Login to reply.

Discussion

Avatar
Low Information Voter 1y ago

If you want to predict the adoption of Bitcoin-friendly policies in any State, you might want to look at the ratio between GDP and banking industry firms market capitalisation.

Australia is one of the highest in the world.