President’s Report For The First Annual General Meeting

First and foremost i would like to thank the board of the Bitcoin Association of Australia. The board is comprised of volunteers who have, for over a year now, given up their time to further the progress and awareness of Bitcoin in Australia.

I’d also like to thank the founding members, who have since moved on to other projects, for their vision in helping start our association. These founding members have been key in helping shape the organisation.

A big thanks has to go to you, the members of the Bitcoin Foundation and the Bitcoin Association of Australia. Your help and support is what define us. The success of the Bitcoin Association of Australia is a function of your support, and I speak on behalf of the board when I say we exist to represent and serve you.

The board is a geographically disperse group of people with various skill sets ranging from deeply technical to finance to managerial. We each bring to the table our experience and a passion to change the world.

Over the past year we’ve seen good progress in achieving our goals of promoting and educating people regarding Bitcoin within Australia.

Firstly was the run up to being one of the first affiliates of the Bitcoin Foundation. This was a lengthy negotiation process that has ultimately put us in a great position to move forward with their support.

The Bitcoin Association of Australia was also involved in the first homegrown Bitcoin conference in Australia – the Bitcoin Barcamp put together by Sharon Lu. Several members of the board made the trip to Sydney to introduce themselves, attend the conference, and answer questions from the participants.

Not only was the BAA at the Barcamp, we were represented at Sydneys Cryptocon and Melbourne’s Inside Bitcoin conference.

Just recently, I represented the BAA at the Vegas Inside Bitcoin conferences with the goal building good international relationships. It is important that as a representative of the Australian community we can plug in and work with people internationally. I made some great contacts which the BAA can leverage to help promote the Bitcoin movement in Australia.

I’d like to thank the organisers of these conferences, namely Jonny Peters, and Meckler Media for their support of the Bitcoin Association of Australia.

Not only has the BAA been involved in national and international community events, we have begun putting together local events such as Bitcoin Professionals.

Bitcoin Professionals is a specialised meet up, begun in Sydney with the help and assistance from Reuben Bramanathan, recently been syndicated in Melbourne with Remco Marcelis taking the lead.

The idea behind Bitcoin Professionals is to target the professional demographic, in a semi-formal setting to promote Bitcoin, dispel myths and talk to people about how Bitcoin might apply in specific business environments.

The BAA would like to thank both Reuben and Remco for their efforts.

Bitcoin has grown up over this past year. We, as a community have been put in the spotlight from regulators, legislators and law enforcement alike.

The BAA was proudly represented in Canberra this year educating our public servants on what Bitcoin is, dispelling myths and re-enforcing truths. This forum was organised by the ADCCA, and the BAA would like to thank them for their support.

During the year the Australian Tax Office consulted the Bitcoin industry regarding the taxation of Bitcoin in Australia. The BAA was a part of that consultation process and worked with the ATO to provide education and information about Bitcoin, and the ways in which we would like to see taxation fairly applied.

As a part of this process the BAA provided a public response to the ATO. I would like to thank Adroit Lawyers and McCullough Robertson for their support in putting together this wide ranging and exceptionally detailed response.

Regarding law enforcement, the BAA has provided training and information to several bodies, both at the national and state level.

The Bitcoin Association of Australia has developed significantly over the past year. The board first came together as a group of enthusiasts, but matured into a trusted organisation that has become a focal point in Australia, taking real action to support the development of Bitcoin in Australia.

While the BAA might be the focal point of Bitcoin in Australia, we only exist because of our passion and belief in Bitcoin. We were all a part of the community before putting our hands up for the BAA and we all believe at a very fundamental level that Bitcoin represents positive change in our society.

There is so much for our community to do. We are only limited by our imagination and willingness to contribute. If you have an idea, get in touch. If you want to get involved with the BAA, drop us a line.

Let’s change the world, let’s do it together.

Vires in Numeris

Jason Williams
President, Bitcoin Association of Australia.

Delegate Registration Deal for Cryptocon

The Bitcoin Association of Australia has joined forces with the team at Informa to bring you: Cryptocon – A high level Summit in Sydney and Singapore.

The Sydney event will take place at the Park Royal Hotel, Darling Harbour.

Broadly the event will focus on Cryptocurrency as “The Internet of Money”. There will be exhibits and networking opportunities.

Speakers will include CEOs and founders of numerous Bitcoin organizations: exchanges, ATM manufacturers, research institutes, venture capitalists and more.

There is a delegate registration deal for Association members.

For Association members, there is a coupon code for the half-price VC/Start-up rate of $500 + GST (Sydney) or US$500 (Singapore). Please contact the board for details.

You can sign up on the website or by contacting Elliot Baker: elliot.baker@informa.com.

Inside Bitcoins 2014

The Bitcoin Association of Australia is happy to announce that we’ve partnered with Inside Bitcoins Conference and Expo, the largest bitcoin event worldwide, to offer members 15% OFF admission. The event will be taking place at the Melbourne Convention and Exhibition Centre on July 9-10 and is scheduled to explore the business of the cryptocurrency world with two days of informative sessions, exhibits, networking opportunities, and more.

The event’s 18 seminar sessions will be led by 25 expert speakers in the bitcoin, finance, technology, and investment industries, and will explore the latest issues facing cryptocurrency. The opening keynote titled “Bitcoin: a Public Good Privately Provided”, will be presented by Nicholas Gruen, a widely-published policy economist and Chairman of the Australian Centre for Social Innovation.

Domenic Carosa, Co-Founder and Chairman of Future Capital, the company that recently launched a US$30 million global bitcoin fund, will be speaking on a panel titled “Bitcoin Ecosystem Investing: Do’s and Dont’s.”

Don’t miss the chance to join other bitcoin enthusiasts in learning more about the business opportunities within bitcoin. Early bird prices expire on June 11, plus you’ll get an extra 15% OFF Full Conference Passes with code BCAU. Register now!

Events are better together. Take the time to forward this email to a coworker, friend, or fellow bitcoin enthusiast.

If you’re interested in sponsoring or exhibiting, send Inside Bitcoins an email.