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Australian Bitcoin Industry Body
Member since: 2024-11-14
Australian Bitcoin Industry Body
Australian Bitcoin Industry Body 14d

The Australian Bitcoin Industry Body have written to the Australian Department of Industry, Science, an Resources regarding the use of bitcoin mining as Strategic Infrastructure to Accelerate and Support Renewable & AI Growth in Australia, reduce the consumer cost of electricitry, and increase the competiveness of Australian Manufacturing. If you want to be involved with what we do, reach out to us with how you'd like to contribute.

Australian Bitcoin Industry Body
Australian Bitcoin Industry Body 22d

Square Just Switched On Bitcoin Payments for US Merchants - Australia Should Pay Attention Cash App and Square have now activated full Bitcoin payment rails across the US. ✅ Merchants can accept BTC instantly. Customers can pay in BTC or USD over Lightning. ✅ The free market is being allowed to choose the best rails — and it’s choosing Bitcoin. This is what happens when regulation invites innovation instead of blocking it. United States: ✅ Regulators created room for experimentation. ✅ Agencies treated Bitcoin as a monetary commodity, not a threat. ✅ Businesses were allowed to build — and the result is a nationwide Bitcoin payments rollout. Australia: ❌The Reserve Bank and multiple regulators continue taking a dismissive, protectionist posture toward Bitcoin. ❌Innovation is filtered through “risk aversion first,” pushing new entrants out. ❌Regulators shield incumbents from competition instead of encouraging better systems. ❌The result: fewer options, slower progress, and consolidation around the same old rails. Square’s launch shows what a different path looks like. 👀 When regulators stand back and set clear, neutral rules, businesses innovate. 👀 When regulators treat every new idea as a threat, innovation slows and consumers lose choice. Australia has world-class talent; What it lacks is a regulatory environment confident enough to let that talent build. ❌ As a result, the talent and capital leaves Australian shores. ✅ Let the free market decide which payment rails win. Bitcoin payments are taking off globally — not because they’re mandated, but because people want them. Australia can either enable that future, or keep protecting the past. ⚡️We’re advocating for bitcoin.

Australian Bitcoin Industry Body
Australian Bitcoin Industry Body 26d

Bitcoin is Money.

Australian Bitcoin Industry Body
Australian Bitcoin Industry Body 27d

At last night’s meetup, ABIB CEO provided an overview of our work over the last year, including ongoing engagement with policymakers and media, including driving a petition on Treasury’s DIV296 unrealised gains tax on superannuation, making submissions against the throttling of free speech on Australia’s economy, and calling for a Right to Transact.

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#Bitcoin • Vires In Numeris • We are a voice for Australia’s Bitcoin Industry.

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