Australia's Prime Minister Scott Morrison talks crypto and blockchain.
PM Scott Morrison was asked If he “would accept the innovations of crypto currency to ease the inefficiency in the banking sector?”
To which he responded,
“No, I don’t think that’s the answer. I looked at Crypto Currencies a lot when I was treasurer. What we have is a new payments platform in Australia which provides 24/7 settlement. Which is the biggest change Australia has seen for it’s payment rails network in decades.”Watch the video, it seems our acting PM is PRO BLOCKCHAIN, or is he?
Either way, this is definitely a nice change to hear a nations representative to openly talk about crypto and blockchain and actually understand what he is talking about!
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Posted from www.steemaustralia.org via SteemPress : http://www.steemaustralia.org/australias-prime-minister-scott-morrison-talks-crypto-and-blockchain/
Sounds to me like PRO-Blockchain but ANTI-Cryptocurrency.
In other words, something like Ripple or a solution that is developed and kept behind the bankers firewall. A solution that is done by bankers, for bankers.
Well, I have to say, Mr Morrison is proving to be a welcome surprise so far. I guess it is no surprise that governments would prefer certain aspects of the crypto world rather than the complete whole, but I think that is probably where we are heading, a middle ground rather than a complete decentralisation of currency.
Yeah it sounds like he’s a fan of the tech but wants to keep it centralised.
Crypto Exchange In Australia?
This is a good article on the crypto exchanges in Australia!?