Lien Truong and Lucas Cullen on Crypto Clothesline Podcast chat about the great crypto divide between Bitcoin, Bitcoin Cash, Lightning Network, BSV, Bitcoin ABC and the wars within the crypto community.
In the first instalment of this two part series on the great Crypto Divide we chat with Lien Truong of Huobi and Lucas Cullen a blockchain developer and CTO of Civic Ledger. The question of what has become of the crypto community has our minds boggling when we consider the infighting, attacks and division of camps. We have found ourselves in a position where particularly in Telegram chat groups there is constant wrangling between the Bitcoin, Bitcoin Cash, Bitcoin SV, Bitcoin ABC and Lightning Network supporters. Check out all our interviews on the Crypto Clothesline Podcast HERE.
WE are excited to announce the news today that the Blockchain Australia board has decided to merge with ADCA to form a single industry body called Blockchain Australia.
Details can be found in the attached Media Release and at Nuggets News.
This week we discuss the mental health effects of day trading and being emotionally invested in cryptocurrency with Dr Prash of Caleb and Brown.
On a more serious note (after the intro discussing the pole incident lol) we head straight into the topic of trading cryptocurrency and how it can be a stressful activity. This relatively new market goes through highs and lows on a regular basis. Often, there’s a great deal with risk associated with any investment but even more risk associated with trading cryptocurrencies. For this reason, it’s often reported that those who trade cryptocurrencies experience emotions of stress and sadness on a regular basis. In poker playing and gambling there are emotions of anger or sadness and is known as being on “tilt”, as you’re tilted from playing optimally. The same thing applies to trading cryptocurrencies. Someone who trades regularly can feel compounding negative effects on their mental health as one loss leads to a series of losses made from poor judgement decisions based on emotions instead of reason. In our discussion with Dr Prash we look at the various reasons why trading can be inherently stressful and potentially negatively impact on family, finances and health. Check out all our interviews on the Crypto Clothesline Podcast HERE.
This week we go back in time to a cosy couch conversation at the BlockConscious summit last year with two of our favorite blockchain movers and shakers! As a bonus we sneak in a snippet of the panel discussion at the BlockConscious Summit which was moderated by JP Parker “Re-imagining Our Future” with Lucas Cullen, Dr. Prash, Karen Cohen, Professor John Flood (Griffith University), Abheeti Kathryn Pass and Joshua Marriage from CloakCoin. It was this panel that got our brains ticking over around privacy, adoption and mindset. Check out all our interviews on the Crypto Clothesline Podcast HERE.
Speaking with the original co-inventor of Bitcoin was such a warm and friendly experience… Nothing like you would imagine Satoshi Nakamoto would sound – If you believed the rumors that Dr Scott Stornetta is in fact Satoshi. It is safe to say we absolutely do not believe these rumors however there is still space for us to be wrong.
Blockchain was not born together with Satoshi’s Bitcoin white paper, it had been mooching around for almost 20 years before Satoshi started creating new layers on top of the original protocol, thereby creating Bitcoin… Scott went on to tell us that although their processes were on track, technology was just not there yet as the biggest storage drive was just 10mb compared to our terabyte hard drives we have now. Check out all our interviews on the Crypto Clothesline Podcast HERE.
This week we welcome Amelia Franklin of BeanLedger on Crypto Clothesline.
If you didn’t think your coffee addiction was a problem before, it may be time to reconsider. In just a few short years coffee is set to become extinct and Amelia Franklin is making it her life mission to save the coffee crops and reinvent the industry altogether.
Amelia explains that the main purpose of bean leadger is not to duplicate the ‘organic’ and ‘fair trade’ certification systems because that has already been done with blockchain. What hasn’t bean done (pardon the pun) is the inclusion of the farmers, the roasters, the sellers and the drinkers in guaranteeing that the bean you drank from is not in fact a ‘blood bean’. BeanLedger will not be an ICO but will go ‘old school’ and crowdfund. To support this cause whose mission is to save the planet through coffee head to their website: www.beanledger.org
Check out all our interviews on the Crypto Clothesline Podcast HERE.
In our highly stimulating and f*ck-peppered chat with Aleks Svetski of GetAmber.io this week, we navigated the JPM coin recently issued by JP Morgan bank and the mass-adoption waters of Bitcoin and how best to get the people to even give a shit… GetAmber is a micropayments’ system where, using a simple app installed on your phone connected to your bank account, you can opt to round up everyday payments like buying a coffee, or buying a beer or paying for your groceries, and elect to have the small change difference between your purchase and the nearest dollar, go into your Amber-based Bitcoin account. Head to www.getamber.io to find out more.
Where can you find Aleks? Twitter & Linkedin: @AleksSvetski Medium & hacker Noon: @AleksandarSvetski Check out all our interviews on the Crypto Clothesline Podcast HERE.
This interview with Amanda Alexiuc from Living Room of Satoshi (LROS) was long anticipated and still gives us warm and fuzzies. Not just because Amanda is our friend but because the Living Room of Satoshi was our first paid sponsor when we were so small even our family had to be reminded about that podcast thing we were doing. The Living Room of Satoshi took a leap and trusted we knew a little bit about what we were doing and jumped in with us. For this we are forever grateful.
Amanda reminded us that the first moment we dip our toes into the crypto waters is daunting, overwhelming and can often be a lifetime of learning in such a raw and volatile new space. You can find LRoS on Twitter, Facebook and Reddit and at https://www.livingroomofsatoshi.com/Check out all our interviews on the Crypto Clothesline Podcast HERE.
The Australian Government’s the Treasury department has opened, on 31 January 2019, a consultation period for Initial Coin Offerings. In a consultation period the department usually provides a paper outlining the issues or proposed laws, they are seeking to resolve or put in place. The general public are then given the chance to respond to these questions or comment on the proposed laws, usually in terms of how the incoming laws or policies may impact their businesses.
With our hundreds of Blockchain Australiamembers we want all your voices to be heard. Let’s hear from you, of how you want to see Australia champion ICO policy for Australian businesses.
We are putting together an ICO Working Group in which we will seek responses from all our members collectively and put forward a response of the key issues, on our members behalf.
The Issues Paper sets out the context behind the key proposed consultation questions. If you or your business would like to participate and respond to the questions for comment, you can fill in our form here and we will take it from there. We would need you to fill in your response to us no later then 15 February 2019. This will allow us ample time to review all our responses from our members. Then we will collate and put forward a submission of the key industry issues from Blockchain Australia to the Treasury, before the close of submissions on 28 February 2019.
Consultation Questions
These following are the key questions the Treasury department have put open for discussion in the consultation Issues Paper.
When completing the form, you do not need to answer all questions. You may chose to answer only those of relevance or interest to you. When answering on behalf of your businesses, please provide the impact of the policy on your business and you may even provide examples to us as well. This is so we can have an understanding of what the challenges are for you.
Definitions and Token Categories
1.1. What is the clearest way to define ICOs and different categories of tokens?
Drivers of the ICO Market
2.1. What is the effect and importance of secondary trading in the ICO market?
2.2. What will be the key drivers of the ICO market going forward?
Opportunities and Risks
3.1. How can ICOs contribute to innovation that is socially and economically valuable?
3.2. What do ICOs offer that existing funding mechanisms do not?
3.3. Are there other opportunities for consumers, industry or the economy that ICOs offer?
3.4. How important are ICOs to Australia’s capability to being a global leader in FinTech?
3.5. Are there other risks associated with ICOs that policymakers and regulators should be aware of?
Regulatory Frameworks in Australia
4.1. Is there ICO activity that may be outside the current regulatory framework for financial products and services that should be brought inside?
4.2. Do current regulatory frameworks enable ICOs and the creation of a legitimate ICO market? If not, why and how could the regulatory framework be changed to support the ICO market?
4.3. What, if any, adjustments to the existing regulatory frameworks would better address the risks posed by ICOs?
4.4. What role could a code of conduct play in building confidence in the ICO industry? Should any such code of conduct be subject to regulator approval?
4.5. Are there other measures that could be taken to promote a well-functioning ICO market in Australia?
Tax Treatment of ICOs
5.1. Does the current tax treatment pose any impediments for issuers in undertaking capital raising activities through ICOs? If so, how?
5.2. Is the tax treatment of tokens appropriate for token holders?
5.3. Is there a need for changes to be made to the current tax treatment? If yes, what is the justification for these changes?
Next Steps
To submit your answers to the consultation questions, fill out our form here no later than the 15 February 2019 and we will handle the rest.
We may be in contact with you as a part of our ICO Working Group, if we have further follow up questions for you, that may help to bolster our Blockchain Australia submission.
Not a member, but you would like to be a part of our ICO Working Group? You can join us and hundreds of other members making a difference here.
If you need to reach out to us, you can contact us on our dedicated ICO Working Group email ico@bitcoin.asn.au or on our Official Blockchain Australia Telegram.
If you are wondering where the most untapped crypto community is in Australia… this episode is for you.
Alex Saunders, Australia’s most influential crypto star and the man behind Nuggets News shares with us the climate of crypto in Tassie. The cricketer, pharmacist and YouTube sensation shares some refreshing stories surrounding the beginning of the Tasmanian crypto meetup in 2012 with just two members. Alex also tells of the merchants who were accepting crypto long before many of us heard even a twinkle of the word Bitcoin.
Alex has over 30,000 YouTube subscribers and attributes his success to helping beginners for free during the 2017 Bull Run. Alex shares incredibly valuable and insightful guidance for anyone who has fallen into the rabbit hole and continues to offer educational materials through his various platforms including YouTube and his memberships.
You can find more of Alex here on YouTube or you can head straight to his website.
Check out all our interviews on the Crypto Clothesline Podcast HERE.
