Thank you for your email.
Re Bitcoin: I am impressed with the security structures of bitcoin (and
related technologies and applications) and see this technology as having
great potential – first as a great contributor to digital contract
management, and second as a significant part of a future digital
currency. I am not involved in Bitcoin, although I have family members
and friends who are.
Re Bitcoin and donations: I am not accepting donations of any kind
accept from people (very small amounts) who are or may be directly
involved in the election campaign.
Re regulation: Every currency requires oversight in an economy because
of the potential for an actor to influence a nations economy in a manner
that can marginalise some participants – and these people would need
some level of protection to ensure that the currency is trusted and
approved by the broader community.
There is another dimension in my consideration regarding any future
digital currency in the context of a national economy – and that is the
simple fact that some individuals will not have the opportunity to make
use of a digital currency (at least currently) because of (1) the need
for technology and skill/knowledge to participate, (2) the need for good
digital network connections, (3) the cost of technology and education
and (4) individual capacity.
There is another little issue to address – the Australian Constitution –
and a change may well be required.
The points I make above are more about describing how I see a digital
currency, at some stage, being inevitable – however it must be a fair
and level playing field.
That you for the opportunity to provide this response.
With my best wishes
TNL candidate for Bowman
0483 867 488