Andreas Antonopoulos Makes Case for Bitcoin Before Australian Senate

Andreas Antonopoulos Makes Case for Bitcoin Before Australian Senate

Bitcoin evangelist Andreas M Antonopoulos has appeared before the Australian Senate as part of an inquiry into the local treatment of digital currencies. The prominent bitcoin 'guru' made the case for bitcoin, saying that its unique architecture and payment mechanism had important implications for network access, innovation, privacy, individual empowerment, consumer protection and regulation. Claiming that bitcoin represented a "unique opportunity in two areas for Australia", Antonopoulos said: "Bitcoin can introduce much needed competition in the retail payments industry, undercutting the....


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