‘Groundswell’ of support behind crypto: Jane Hume



Superannuation and Financial Services Minister Jane Hume says there is a groundswell of support behind cryptocurrency in Australia.

It comes as Ms Hume has hit back at the Reserve Bank of Australia, saying crypto is not a fad and that Australia risks losing out on major economic opportunities if governments and regulators do not embrace it.

“About 17 per cent of Australians now invest in cryptocurrency,” she told Sky News host Peta Credlin.

“Whatever you might think about it as an asset class, as a technology it’s certainly here to stay.”

source

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34 comments

  1. Conservative View

    No the RBA are shit scared because it cuts out the middleman ie Banks. The RBA can't keep printing money if Bitcoin is adopted or any other Crypto

  2. Gordon D Krbavac

    ‼️ VOTE Jane 👍 Finally a common sense politician

  3. Telegram {MarcellusBraylon}

    🌈🌈👆👆👆👆👆Der Aktienmarkt war in den letzten Jahren wirklich hart, aber ich habe ein Interview auf CNBC gesehen, in dem der Moderator immer wieder erwähnte "…Experte Herr Marcellus Braylon …". Dies veranlasste mich, mit ihm in Kontakt zu treten, und vom letzten Monat bis jetzt haben wir zusammengearbeitet, und ich kann jetzt 440.000 USD in meinem Handelsportfolio rühmen.🌈📊

  4. The stock market has been a really tough one this past years, but I watched an interview on CNBC where the anchor kept mentioning "…Expert Mr Marcellus Braylon …". This prompted me to get in touch with him, and from last month till now we have been working together, and I can now boast of $440k in my trading portfolio.

  5. Like any currency, you have to let it go to ever see any value. So All the crypto investors are actually just collectors of a concept. That's it

  6. Hilarious! I didn't realize Amway was into making currency

  7. Paul Morrison

    I sold my lawn mowing business and became a full-time crypto trader in 2017. Looking at an early retirement thanks to my bold investing decisions. I now have a new model fiance from Eastern Europe and a sweet hair transplant which I got on a trip to Turkey last month.

  8. One world order money. Someone has made billions off of suckers.

  9. Elizabeth Delgado

    <I respect your content mate.. TA is good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. This is the worst possible time in history to invest as so many don't back up their crypto assets.More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market.I have made over 11 btc frm day tradn with Gray Shawn insights and signals in less than 2 Months…He's very accurate and always yields a great positive return on investment….……..

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  11. If you don't know anything about RippleNet and the digital asset XRP… You soon will. Banks are now bending over for Ripple.

  12. No government will allow a decentralised currency if it wants to control it's citizenry.

  13. bidenisa pieceofshit

    Cryptocurrency is just the personification of how stupid the human race has become, you are entrusting your future stability on something that Literally does not exist, you only have access to cryptocurrency through the internet ,and the government controls the internet, which means the government controls the currency ,the only problem is, stupid people don't understand that, they think for some reason that cryptocurrency is Untouchable by the government and by taxes.

  14. Blaise Morris

    Its not that people want crypto its that they distrust Fiat currency !

  15. Peter Goodfellow

    Fraud ,b s , what is the gibberish you and others are spouting …..

  16. When in doubt, follow the smart money. Right now, they are going in big on crypto.

  17. Fabien Merteuil

    Yeah I’m sure you want half of those astronomical capital gains or 47%. You might get an exodus if you don’t rectify this.. now the borders are open!!😈

  18. Charlotte Henry

    Another awesome video! ❤️❤️ I just made my first $27,000 in cryptocurrency I'm so glad I'm gonna have a successful retirement.

  19. Blob fish King

    Who wants dirty fiat currency printed to infinity.

  20. Shaun Moller

    privacy coins FTW. If you want to get tracked, used regular crypto.
    Be a Pirate and say ARRR

  21. Thank you for your videos mate. I watch them just about everyday and love your content. Nothing is wrong with a few laughs while getting the scoop on the market daily. I know many have appreciated those laughs over the last several weeks while watching the bearish price movements. I will also say this here, Most people don't understand the concept of "buying the dip" buying the dip is all about buying digital assets when their prices are down and selling off when the price rises just as the current market is down. Holding is great,although trading is far more profitable. I was able to grasp the knowledge of crypto assets early enough,but I was still limited due to my lack of technological understanding of how to analyze the digital market. All that changed when I encountered an e xpert like Maria.

  22. Alejandro Sudiro

    Crypto has two aspects:
    1. Investment ——-> invest in the value of the crypto infrastructure.
    2. Repository of monetary value ———-> store money in a place that will be immune to bad central bank decisions that cause excessive inflation.

  23. Brett Christoffel

    I can't understand why anyone would be interested in something that no reserve bank can control the value of

  24. Steveo the Painter Reeding

    Too late to get on . The ship has sailed. Invest in physical reliables such as gold and silver

  25. Leon Tassone

    Dont talk shit…all part of social credit score…..they dont like what you got to say they wipe your account…
    Ponzi ontop of a ponzi ontop of a ponzi.what could go wrong

  26. Peter Kassner

    all the governments, banks and investment institutions say its a "fad" or spread fear about crypto because they don't want YOU to buy it… they are buying it all! Anyone that doesn't have crypto currencies will be financially destroyed when the central banks introduce CBDCs. The government will have complete control of your money. Don't be fearful of something you don't understand…. research it and learn before it's too late.

  27. Jürg Schüpbach

    Russian farmers announced last week they are testing virtual reality for dairy cows.

    The VR trials conducted at the RusMoloko farm near Moscow supposedly use specially adapted goggles to show the animals a view of a pleasant field in summer. The idea is to make the cows happier, which in turn could increase milk production.

    Some have doubts over whether the tests are real, and it wouldn't be the first time pictures of animals in VR headsets have been used to capture public attention. Similar images of CatVR and "virtual free range" chickens have appeared in the past.

    But to take the idea seriously, at least for a moment: can animals perceive virtual reality the same way we do? And would it do them any good?

  28. I've earned a lot lying on my back.

  29. Some for the Dot com boom … but you see how that ended up … it’s a cycle of greed and collapse!

  30. Jeanette Ozpix

    I like it when it gets negative feedback, as it means the price goes down and time to buy.

  31. Elaine Wilson

    <<< From my own perspective i have learned in the recent months to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell if it's going bearish or bullish. While myself and others are trad!ng without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow. I was able to make 22.3BTC from 7.8 BTC in just October from implementing trades with tips and info from Darcy Lewis ..

  32. Delightful advert and sign me up! Something tells me though that our NZ Mare won’t like it much if she can’t get her hands on “bits” she’ll just have to squeeze the squirmers for more of her Yen (Sorry NZD)

    https://youtu.be/d4U0fc9YWmw

  33. peter havord

    How did Scott Morrison get the nickname Pinocchio ?

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