RBA Governor doesn’t ‘understand Bitcoin’

Watching this is confirmation that it's still very early days for Bitcoin.

If the reserve bank ditched gold and bought bitcoin Australia would be better off our roads are going to shit while El Salvador and US are embracing this new technology and will literally rule for 1000 years how do you not understand it get someone who does or get someone at the RBA who understands it so that Australia can prosper to like the Victorian gold rush know one in Australia seems to be taking this opportunity seriously in the govt or rba.

Think 🤔 about the Louisiana purchase??? How much GDP United States🇺🇸 got from France🇫🇷 imagine America paid ONE Billion Bitcoins for the land?? Since 1803 to 2024 Bitcoin has produced 0 income or GDP for France!! Bitcoin at $10 who is buying?? Bitcoin at $100,000 who is buying?? Bitcoin at $1million who is buying?? Bitcoin at $10million per coin WHO IS BUYING BEFORE THE BUBBLE POPS???????????

Bitcoin is $150,000 AUD and you’re calling it garbage?

A Bitcoiner will be your landlord soon, boys.

You don't buy a roast chook with gold either.

I have a crypto eftpos card that I can use wherever I want in Australia .. I can also cash in bitcoin or crypto to cash instantly to my bank account .. this year I have invested $3000 that is now at $6500 of which I have cashed in $3000 already $2000 to pay down building deposit on my house .. work that’s already been done last week .. and I paid down another $800 in debt .. this guy as well Michael Kroger is a complete knob

She has her head in the sand
The whole world is taking on crypto
Australia needs to wake up

She should be fired, imagine someone in charge of the reserve bank not knowing anything about bitcoin or how it works

Michele Bullock must be living under the rock. If she is so backwards than she must resign before she destroys Australian economy and people

So out of touch, unbelievable!

face palm...

😂😂 "IF you wanna pay 80k for a Bitcoin then good on you, go for it"...
Ah no Michael , like any investment the time to bitcoin was 2 years ago when it was 14k USD and it's now 90k USD. That's a 6x on your investment Michael. Do you understand now??
And it's only getting started. Stuff bartering! Leave that to Nike shirts in Thailand. Clown/s.

She will pay the price of her ignorance

And this my friends is why bitcoin was created in the first place.

Fuck central banks, scammers

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“Michele Bullock doesn't understand Bitcoin” - that’s not a flex

The ATO has very strict rules on taxing crypto. She understands it perfectly, she just does not like it because it is removing power from central banks and governments.

Love Sky News. Very disappointing that you have a guest who does not understand BTC speaking about it. BTC has the 7th biggest MC globally for a reason. It'll chew through 1-6 in the near future as countries start buying. It's the hardest money on earth. It's almost disinflationary, it's a digital commodity, and you can take it anywhere. There's no counter party risk because there's no middleman.

She is incompetent.

Then why we pay crypto tax on it???

I will continue to hold my bitcoin over the worthless AUD any day!

Totally uneducated you have no idea what's coming..