Among “regular things” such as sexual orientation, gender self-identity, nationality, etc., “serious harm” now can also be caused if a person expresses a lack of confidence in the banking system and spreads “misinformation” about it. This could “bring harm” to the Australian economy.
Bitcoin was initially created by Satoshi Nakamoto as a tool for those who do not trust the banking system. Therefore, Jamie Coutts tweeted: “If you live in Australia and own Bitcoin you better wake up. This Orwellian legislation is aimed right at you!”
Alex James stated the same thing in his tweet: “Serious harm is…harm to ‘public confidence’ in the banking system. If you’re not confident in the banking system, you are spreading misinfo.”
Santiment’s analysts say that after the recent mild rebound faced by Bitcoin, once the combined supplies of Bitcoin and Ethereum miners start growing again, it could be interpreted as a “strong signal the next bull run is approaching.”
Over the past week, the world’s flagship cryptocurrency, Bitcoin, has staged an increase of more than 8%, rising from $53,490 to the $57,790 level, where it is changing hands at the time of this writing.
This week, as reported by U.Today, Bitcoin miners sold 30,000 BTC worth roughly $1.7 billion within just 72 hours.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
