I hope everyone had a win on the Melbourne cup.
The president, Adam, went to the Melbourne Meetup on Thursday 26th November to give an update about what the BAA is up to. Normally these updates are welcomed by the community, sometimes they’re not.
Everyone is entitled to their own opinions and views on how bitcoin should exist. However, all members of the board are purely volunteers. Its easy to sit behind your keyboard and make these kind of statements. I personally this month have organised a meetup, got a number of people online and had a few phone conversations with newbies. While I’m sure most of us would agree that a centralised model might not be the best form of government, a fully decentralised one might not suite everyone either. Without an Association to assist new users, the rate of bitcoin adoption might be significantly less.
Is this what we want?
Note – Mr Bandicoot did not attend the meetup.
We have been given a great opportunity to run a series of bitcoin and blockchain work shops at a large international company in Sydney. All speakers are involved with the BAA and will be paid for their time and expertise in preparation for this event. We are grateful for their participation. Its great to see more and more companies becoming aware of bitcoin and blockchain technologies.
Update – Although we couldn’t reach terms for this particular event we see this as a great template for all organisations in the future. A paid presentation such as this has several advantages for all involved.
1/ It gives the organisation a flying start on their understanding of this technology and how they can use it within their business
2/ It reinvests income into skilled and knowledgable local bitcoin talent.
3/ It adds the the BAA’s bottom line which enables us to further our reach in bitcoin education.
Our wonderful Vice President Adriana recently presented at BuzzConf, the world’s first emerging technology festival, held in Ballan, Victorion on November. Her non-technical presentation covered the basics of Bitcoin, blockchain use cases and market opportunities. The general feedback was that it was really interesting to learn how her interest in Bitcoin stems from growing up in Brazil, living through economic turmoil and hyperinflation and how government experimentation with virtual currency to solve that same problem gave her at a very early age a different, broader view of currency as a system of money.
Our 3 Bitcoin Display Nodes are now up and running. These can be found at MBTC in Melbourne, Tyro Fintech Hub in Sydney and The Battery Shed (Hackerspace) in Launceston TAS. The aim of these nodes is to act as a visual display of the bitcoin network that will prompt discussion, research and ultimately adoption.
The Sydney node also appeared on Channel 7 News – https://tyro.com/blog/financial-technology-companies-take-on-the-big-banks/
Our Microsoft nodes are also running well with high levels of connections. One recently had 55 connections to other nodes in the bitcoin network.
PGP Public keys have also been added to the contacts page. This will enable encrypted emails to be sent to email@example.com to protect your privacy.
We also continue to add new membership products, such as the Life Membership. We have trailed a number of discount coupons too. The Black Friday one was well received and a few new members signed up.
Lastly, we have had some interesting conversations with the Bitcoin Foundation. We have not been impressed by their lack of communication (non existent). Brock Pierce and Bruce Fenton have reached out to see if we would like to stay/return, but to date there has been no detail.
As always, please get in touch if there are any bitcoin events/projects you may have questions about. We had one such question last week and were able to introduce him to several members of the bitcoin community in the hope that they can build a successful project with the help of each other.
We find that a bitcoin business is very different to the regular business landscape. Collaborating in the bitcoin space leads to better and faster outcomes for all involved.