Australian Bitcoin Industry Body@AusBTCIndBody
Australians deserve a better banking system.
In 2016, @acccgovau was slammed by the then Senator Sam Dastyari, and currently serving Senator @mattjcan when the ACCC stated the available evidence did not indicate collusion in debanking the industry.
While we'd suggest the issue is more about incentives than it is collusion, since the report, multiple committees have been told about this ongoing plight.
The practice has over the last few years expanded beyond targeting busiensses - it's impacting individuals - everyday Australians that are getting the wrong end of the stick from the banking sector.
The paternalistic rationalisation used as a guise is an afront to financial autonomy, and is underreported precisely because there is far less transparency and accountability available due to the power asymetery involved, and the systemic friction involved in seeking recourse.
Australians must have the right to transact - they must be able to participate in the domestic economy without the latent threat of being debanked.
