AusBTCIndBody

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The Australian Bitcoin Industry Body (ABIB) has responded to recent remarks by RBA Governor Michele Bullock, who asserted that Bitcoin “is not money” and has “no role in the Australian economy,” by offering to collaborate with the RBA to improve understanding of Bitcoin’s unique role and benefits.

ABIB proposed to provide educational resources, clarify distinctions between Bitcoin and the crypto industry, and share global examples of Bitcoin’s positive societal and economic impact. The organisation also encouraged RBA staff to review foundational materials, such as the Bitcoin Whitepaper, and invited the RBA to engage in in-person or virtual discussions to support informed policymaking and a more nuanced perspective on Bitcoin.

Full Release: [https://bitcoinindustrybody.org.au/an-open-letter-to-rba-board-and-staff-on-bitcoin/](https://bitcoinindustrybody.org.au/an-open-letter-to-rba-board-and-staff-on-bitcoin/)

MEDIA RELEASE: An Open Letter to Reserve Bank of Australia Board and Staff

Vires In Numeris • We are a voice for Australia’s Bitcoin Industry, advocating for the advancement of bitcoin in Australia.

Please consider joining us!

🤝 Join us as a [Sponsor or Member](bitcoinindustrybody.org.au/join/)
⚡️ Zap a [Donation](bitcoinindustrybody.org.au/donate/)
📝 Contribute to the [Website](bitcoinindustrybody.org.au/join/)

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