RE: What’s Up With Australian Banks and Bitcoin?

[g-dubs]

I'm in the US... recently went through the same experience w Bittrex.
I use a bunch of exchanges and keep 90%+ offline... so I'm ready ;-p

Comments

[forexbrokr]

Being outside Aus, do you (or anyone) actually care what Aussie banks are doing? We sort of feel that we’re in a bit of an insignificantly small bubble down here and the overall market shouldn’t really be worried.

Interested to hear your opinion on that.

[g-dubs]

Quite the opposite. My view is the Aussie government is on the more progressive side when it comes to bitcoin and cryptos and the Aussie population, at least what I see here on Steemit, is pretty enthusiastic. I'm trying to get a sense if this is just a KYC/paperwork sort of thing (which I suspect it is) or part of some larger bank or govt crackdown, which would be worrisome.

[forexbrokr]

Thanks, that’s interesting to hear.

I’ve given you a follow and I’ll see you around in 2018!

[g-dubs]

Thanks!