To Aussie MPs and Senators. There is one topic on the table right now looking for your support. It's the innovation of the century and a job creator. It’s waiting for you to back it and give it a fair go. And that’s #bitcoin
Let me outline why. /1

Bitcoin is now a $1 trillion asset class. Financial infrastructure is being built around it globally and massive value being realised. It's an opportunity Australia should not miss out on. /2
Bitcoin is the safest cryptocurrency. It has the longest history, the largest adoption and the most secure network. When you hear about crypto or blockchain make sure you start with Bitcoin. /3
Our friends in the US are quickly enacting regulation to give confidence and create new business and jobs in this sector. With policy and regulatory certainty entrepreneurship and innovation can thrive. /4
In the US, the OCC ruled that banks can be crypto custodians. Now big banks are entering the Bitcoin custody game. BNY Mellon (world's largest custodian and the US’ oldest bank) just announced they will custody bitcoin. Hello Aussie banks, don't miss out. /5
Visa and Mastercard, the two largest payment processing networks in the world are now into bitcoin too. Mastercard will allow merchants to accept crypto by the end of year. Visa is building APIs for banks to allow bitcoin trading. /6
In Australia, we have hundreds of AUSTRAC registered digital currency exchanges that allow the exchange of bitcoin already. These are quietly growing regulated businesses employing hundreds of Aussies around the country. /7
Digital payment apps like PayPal and Square have launched bitcoin trading within their US apps. Expect the trend to grow here in Aus. Raiz, Amber and Revolut have started, more will follow this year. /8
There is a clear opportunity for setting up Bitcoin mining operations in Australia powered by cheap renewal energy. Cosmos Capital, an Aussie bitcoin mining company are already scouting for these energy sources. /9
Telsa just shifted $US1.5b of their cash into bitcoin. Microstrategy launched the trend for publicly listed companies in the US last year. The digital transformation of ASX balance sheets will come soon too. /10
Asset managers are onboard too. Grayscale in the US has $US25b in AUM. Managed funds exist in Aus too, DigitalX a first mover. Private funds are growing, and eventually we'll see a Bitcoin ETF on the ASX. ASIC needs to come onboard here to support the change. /11
And ignore the naysayers. They will come round. Bitcoin is not a scam. It’s not going to zero. It’s a new money. It’s digital gold for some, it’s freedom for others. But it’s safe, it’s growing in adoption, and it’s creating new opportunities globally. /12
Australia can’t afford to be a fast follower in this sector. We need to lead. That means voices in parliament, our ministries, and regulatory bodies creating policy that enables business to innovate whilst providing safe guidelines to operate that protect and don’t hinder. /13