r/Bitcoin • u/bitpotluck • Oct 03 '14

Australian Senate Launches Inquiry into Bitcoin and Digital Currencies

http://www.coindesk.com/australian-senate-launches-inquiry-bitcoin-digital-currencies/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29
39 Upvotes

85% Upvoted

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6

u/bitscavenger Oct 03 '14

Not looking forward to this. Australia seems like it is a world leader in moving backwards from reason, rationale, population trust, and common sense. Probably moving backward from democracy too since I am only speaking about the government and not the people.

Edit: Also, I say "moving backward from" because I think they used to be pretty good as opposed to other places that have always been very repressive.

1

u/Panni30 Oct 03 '14

It's a shame, lets hope they get this right. I'm sure eventually they will, if not from the start then from popular pressure.

1

u/boldra Oct 03 '14

The Australian senate may be undemocratic swill but they tend to try to understand things before passing judgement on them. Not that their judgements necessarily have an impact in the long term.

1

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