Creator of The Honest Money Show Hard money believer ✨ Soft life enjoyer Walking alongside Australians as they discover Bitcoin

Byron Bay
I released a special, bonus episode with @bayanimills, CEO of @AusBTCIndBody to discuss advocacy for a sound Bitcoin policy in Australia. We cover: 🟠 What Canberra really thinks of Bitcoin 🟠 The energy angle that gets politicians listening 🟠 Why Australia’s Bitcoin miners keep quiet 🟠 How regulators pushed investment overseas 🟠 Why showing up beats complaining 🟠 AML/KYC and who really controls access to money 🟠 A retail CBDC pitch within five years? 🟠 How you can get involved with ABIB And why the RBA says it has “no position” on Bitcoin, yet keeps writing about it. Listen to the full episode now, share it with someone who should hear it, and get involved with @AusBTCIndBody. Policy changes when people show up. 🧡 YouTube: piped.video/a-QT5flYhfQ Fountain: fountain.fm/episode/TpXzJR8T… Spotify: open.spotify.com/episode/71u…
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Аnja Dragovic ⚡ retweeted
비트코인은 어떻게 사람들에게 닿는가ㅣHow Bitcoin Reaches People 🎤 ANJA DRAGOVICㅣCreator, THE HONEST MONEY SHOW 🎤 IVY LUMIㅣFounder & Host, Ninefold 🎤 MANGOㅣBitcoin Communicator 🎤 TERUKO NERIKIㅣFounder, LHB 🎤 LEA THOMPSONㅣMarketing Manager, Cake Wallet 교육·미디어·제품 경험·문화가 사람들이 비트코인을 발견하고 이해하고 사용하는 방식을 만드는 과정. How education, media, product experience and culture shape the way people discover, understand and use Bitcoin.
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Currently plotting something.

ALT Drama Watching GIF by MOODMAN

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One of my favourite quirks about Australia is our absolute commitment to putting unnecessarily large objects in tiny country towns. The Big Banana. The Big Pineapple. The Big Prawn. The Big Merino. The Big Potato. The Big Lobster. The Big Galah. The Big Koala. The Big Axe. The Big Ned Kelly. Just 14 people, a petrol station and a monument to an oversized piece of produce. No explanation. No questions. Just Australia. 🇦🇺
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Аnja Dragovic ⚡ retweeted
Unlike many Australian exchanges, we don’t use Chainalysis. We built our own internal tools to comply with AUSTRAC, so our customers’ transaction data stays with HardBlock rather than being sent to a third-party blockchain surveillance company. That was a deliberate decision to protect customer privacy.
CHAINALYSIS HACKED IN AI-POWERED CYBERATTACK Blockchain analytics firm Chainalysis says hackers used “offensive agentic techniques” to gain unauthorized access to its internal systems and tools. The breach exposed customer names, email addresses, user IDs, and organizational roles. Chainalysis says it has found no evidence that passwords, MFA secrets, session tokens, or sensitive investigation data were compromised. The company says the attack is unrelated to the recent $6 billion Binance hack.
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I love my girlfriends and playing dress-ups with their sunnies. I love my bougie little coastal town, Nigerian pop music, and the freedom of Bitcoin in self-custody. I love working in Bitcoin and being part of an industry that champions human rights and freedom. I love empowerment through education, and the power of knowledge. I love strong families, connected communities, and the joy of little babies and puppies. I love creating cute things, celebrating the little things, and most of all, I love my mum and dad. 🧡✨
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Happy Whitepaper Day folks! 🧡
Eighteen years ago today, on Halloween 2008, Satoshi Nakamoto shared a nine page paper with a cryptography mailing list. Its first line pointed to the question this whole series has been circling. What if money could move between people “without going through a financial institution”? Over the past 30 days, we’ve walked through the history that made that question matter. A $100 note that is a very sophisticated bookmark. Yap’s stones and the ledger that lived in everyone’s memory. Rome quietly shrinking its coins. Goldsmiths writing more receipts than they had gold. A central bank created to fund a war. Nixon closing the gold window and calling it temporary. Banks typing money into existence, and a central bank tripling its balance sheet in under two years. The same pattern. Whoever controls the ledger can change the rules, and everyone else pays. Bitcoin was a different answer. Remember Yap, where the whole island was the ledger? Bitcoin rebuilt that for the world. As Lyn Alden puts it, it is “a ledger, but no single entity is in control of that ledger.” Thousands of computers keep a copy, and every one of them checks every payment. And like the rai stones, it takes real effort to make. New bitcoin can only be created by spending real world energy, through the same proof of work Adam Back used to fight spam. Every block of payments is sealed with that work and chained to the one before it. To change the past, you would have to redo all of it, faster than the rest of the world combined. Once a payment is in, it stays in. Your record, my record, and a shared record no one can alter. That changes what money can be. For the first time, we have money that can’t be cheated. A coin can’t be spent twice or counterfeited. The supply can’t be diluted or debased by central planners, because it is capped at 21 million by its code. There is no Cantillon effect, because no one gets to create money for themselves. New coins arrive on a fixed schedule, and they have to be earned with work. Anyone can use it freely. The network doesn’t ask who you are, where you live or what you believe. It is neutral, and it can’t be weaponised against you. And the person who made it walked away. No founder to pressure, no head office to raid, no one left to change the rules. It is still young. Its price swings wildly. Scams have used its name. Question it as hard as everything else in this series. Because that is the point. Money is not a law of nature. It is a choice, and for most of history, someone else made it for us. Nine pages handed that choice back. Debased coins. Phantom receipts. Broken promises. Printed money. We believe every way money has failed us throughout history finally has an answer. A fairer system now exists for all 8 billion of us. No permission needed. Happy Whitepaper Day. 🎃🧡 Thank you for walking alongside us for 31 days. What is the one thing from this series you’ll never see the same way again? 👇
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Аnja Dragovic ⚡ retweeted
At 2.10 pm New York time on Friday 31 October 2008, a message landed on an obscure cryptography mailing list. “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.” It was signed Satoshi Nakamoto. Nobody on the list had ever heard the name. On 3 January 2009, Satoshi switched the network on. Buried in its very first block was that day’s headline from The Times, about a second bank bailout. Nine days later, Satoshi sent 10 bitcoin to Hal Finney, the same programmer who had built reusable proof of work in 2004. It was the first bitcoin transaction ever made. For two years, Satoshi wrote code, answered questions and fixed bugs. Always by email or forum post. Never by phone, never in person. Then, on 23 April 2011, Satoshi wrote to developer Mike Hearn. “I’ve moved on to other things.” The project, Satoshi said, was “in good hands”. Then silence. Satoshi was gone. Somewhere out there sit the coins Satoshi mined in the early days, estimated at between 600,000 and about a million bitcoin. They are believed never to have moved. Plenty of people have been accused of being Satoshi, and some have claimed it. One Australian computer scientist pushed his claim all the way to the UK High Court. In March 2024, the court ruled he was not Satoshi, did not write the white paper and did not create Bitcoin. Eighteen years on, nobody has proven who Satoshi is. Every money in this series had someone in charge. Emperors, goldsmiths, central banks, governments. Bitcoin’s creator walked away, and it kept running anyway. No founder to pressure. No head office to raid. No CEO to call. Creating Bitcoin was the most important thing Satoshi ever did. Leaving may have been the second. Tomorrow, eighteen years to the day since that message landed, we open the nine pages that started it all. The final day. 🎃 Follow and ring the 🔔 on our profile so you don’t miss the finale.
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Аnja Dragovic ⚡ retweeted
Send a friend a photo, and you both have it. Copy a song, and now there are two. That is the magic of the digital world, and it is exactly why digital money was so hard to build. If money is just a file, what stops you spending the same dollar twice? It’s called the double spending problem. For decades, there was only one answer. Put someone in charge. A bank, a card company or a payment provider keeps the master ledger, checks every payment and makes sure no one spends what they don’t have. It works. But as we saw with DigiCash on Day 27, it means trusting that one keeper, and whoever controls the keeper. Remember the inventors from yesterday. Back, Dai, Szabo and Finney each held a piece of the puzzle, and this was the piece none of them fully solved. Without a keeper, digital money could be copied like any other file. With a keeper, you were back to trusting a bank. For more than a decade, it looked like you had to choose. The answer had been sitting on a tiny Pacific island all along. On Yap, rai stones rarely moved, so ownership lived in the island’s shared memory. Everyone knew who owned which stone, so no one could sell the same stone twice. The whole community was the ledger. On 31 October 2008, an anonymous author proposed doing the same thing for the whole world. Instead of one keeper, everyone keeps a copy of the ledger. New payments are sealed into it using the same costly puzzles Adam Back invented to fight spam. To cheat, you would have to redo all that work faster than everyone else combined. For the first time, strangers who didn’t trust each other could agree on who owned what, without a bank, a government or a keeper in the middle. Yap’s shared memory, rebuilt for the internet. In two days, that paper turns eighteen. Tomorrow, the mysterious figure who solved it, then vanished. Follow and ring the 🔔 on our profile so you don’t miss a day.
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I was just on the @honestmoneyshow with @BitcoinAnja discussing the psychology of Bitcoiners throughout the cycle. This is one of my favourite topics, as getting a good read on investor behaviour is imho the secret to navigating cycles with confidence. piped.video/watch?v=ogykQ2GG…
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Аnja Dragovic ⚡ retweeted
In 1997, a British cryptographer named Adam Back was trying to stop spam. His answer was a system called Hashcash, built on one simple idea. Before your email could be sent, your computer had to solve a puzzle that took real effort. For you, sending a handful of emails, the cost was almost nothing. For a spammer sending millions, it added up fast. Back had found a way to make something digital costly to produce. Think back to Yap on Day 3. The rai stones were valuable because they were so hard to make. Back had built a digital version of that cost. It came to be known as proof of work. One by one, others picked up the thread. In 1998, a computer scientist named Wei Dai proposed b-money. A network of anonymous strangers would keep the money ledger together, and new money would be created through computational work. That same year, computer scientist and legal scholar Nick Szabo designed bit gold, digital units created by solving puzzles, scarce like gold. In 2004, a programmer named Hal Finney built a working system that let proof of work tokens pass from person to person. Each of them held a piece of the puzzle. Back had cost. Dai had a shared ledger with no central keeper. Szabo had digital scarcity. Finney had tokens that could change hands. But one piece kept slipping through their fingers. How do you stop someone spending the same digital coin twice, without trusting someone in charge? Then, in 2008, a nine page paper appeared. It cited Wei Dai’s b-money and Adam Back’s Hashcash, and it stood on all their shoulders. Hal Finney would play a part in what happened next. In three days, that paper turns eighteen, and this series ends where it was always heading. Tomorrow, the problem that stumped them all. Follow and ring the 🔔 on our profile so you don’t miss a day.
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Great list of Bitcoin books. Couldn’t find one missing. Can you?
I've built a website I always wished existed: a collection of all the books written about Bitcoin. I've found 110 of them. If I've missed any, let me know in the replies. btcbooks.org
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🇦🇺 Attention Aussie Bitcoiners! 👀 The Parkes Bash is just 24 days away, and we’re pulling together the schedule! Keen to speak or share your Bitcoin story? Get in touch ASAP. Let’s make it a ripper! ₿🤠
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Not me getting excited for the Day 31 finale of a series I’m literally writing. 😆
In 1982, a young American cryptographer named David Chaum published a paper with a dry title, “Blind signatures for untraceable payments”. Inside was a radical idea. Digital money that could be spent online without anyone, not even the bank, being able to track who paid whom. Chaum didn’t just theorise. In 1989 he founded a company called DigiCash in Amsterdam and built it. His eCash let you withdraw digital coins from your bank and spend them privately, as anonymously as cash in a shop. For a moment in the 1990s, it looked like the future of money. The world’s biggest companies came knocking. Visa reportedly offered $40 million for a stake. Microsoft wanted eCash built into Windows 95, and reports put its offer at around $100 million. None of the deals happened. In 1995, Mark Twain Bank in St Louis became the first bank to offer eCash. By 1998 it had about 5,000 users. That same year, DigiCash filed for bankruptcy. Chaum later said he was too early, and that privacy was hard to explain to ordinary internet users. But critics pointed to a deeper flaw. eCash was private, but it still needed a bank to issue the coins and keep the ledger. And anything that depends on one company or one bank can be pressured, regulated or shut down. Remember the question that keeps coming up in this series. Who controls the ledger? Chaum had solved privacy. He hadn’t solved trust. His work did inspire a loose group of programmers and activists who called themselves the cypherpunks, and they spent the next decade trying to finish what he started. Tomorrow, the forgotten inventions that came before Bitcoin. Follow and ring the 🔔 on our profile so you don’t miss a day.
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I like SeedSigner

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Australia asked for help, and the Bull Bitcoin team delivered. Fighting the same battle on the other side of the world, they shared valuable pointers for anyone yet to make a submission. Lean into Martina’s four points. They are very valuable. What Bull Bitcoin is challenging before the Conseil d’État (Council of State), France’s highest administrative court: 1. The law: Bull Bitcoin is seeking to annul Decree No. 2025-1276, which brings the EU’s DAC8 directive into French law. 2. Privacy: It argues the rules could enable a mass database of identity and address linked transaction data. 3. Physical safety: It argues a centralised database of crypto holders’ identities puts them at physical risk, citing France’s high rate of attacks on crypto holders and past breaches of French public databases. 4. Proportionality: It argues DAC8 centralises sensitive data well beyond what legitimate tax verification requires. The court rejected an emergency request to suspend the decree, but the main case is ongoing. DAC8 is the EU version of the OECD framework Australia is now legislating. Submissions on the Treasury proposal are due by midnight October 28, 2026.
Replying to @BitcoinAnja
Fully agree, Anja, and thank you for doing the reading most people won’t (and @francispouliot_ for cc). In EU DAC8, our version of the OECD’s CARF, has applied since 1 January 2026. First reports go to tax authorities in 2027. Same pattern you describe: the power is set in the law, and the detail is filled in later by officials. We didn’t think “comment and hope” was enough, so we went to court. @BULLBITCOIN_ (together with #Paymium), has challenged France’s DAC8 decree before the Conseil d’État, asking for a referral to the EU Court of Justice. Our argument: general, indiscriminate collection of financial data on everyone, with no link to any suspicion, is disproportionate under the right to privacy and data protection. This isn’t a fringe argument. The EU Court has struck down mass data regimes before. “It’s for tax” has never been a blank cheque. After reading your tweet, I'd like to offer a few thoughts. The most intrusive parts of this bill aren’t CARF at all. Per-transaction reporting with transaction IDs, quarterly, with no threshold, seems to come from a separate domestic regime Australia is adding on top. That’s a domestic choice and it should be justified on its own terms. Australia is party to the ICCPR (Art. 17, privacy), and any bill introduced to Parliament needs a statement of compatibility with human rights. Ask Treasury to publish its assessment now, while the design can still change. Make the safety argument concrete. Every database built is a database that can leak, and here the leak comes with an address attached. Less intrusive tools already exist. The ATO can compel information when there’s a real reason to, and CARF itself works on aggregates, with details available on request. Targeted access beats mass collection. Your six asks are reasonable and modest. Good luck! 🧡
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What a wonderful way to start the day. Positive news from Serbia. 🧡
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Аnja Dragovic ⚡ retweeted
Picture a young couple in early 2021. They’ve been saving for years. Interest rates are at record lows, and the Reserve Bank has just said it doesn’t expect conditions for a rate rise to be met until 2024 at the earliest. So they stretch, borrow and buy their first home. Everyone around them is doing the same. In 2021, home values rise 22 per cent. The money behind that boom came from somewhere. In March 2020, as the pandemic hit, the Reserve Bank cut its cash rate to 0.25 per cent, targeted the same yield on three year government bonds and began buying bonds. In November it went further. The cash rate fell to 0.1 per cent, and it launched a formal bond buying program with newly created money. By February 2022, that program alone had bought $281 billion worth. The bank also lent banks $188 billion at ultra low rates. Few saw what came next. In November 2021, a survey of Australia’s top economists concluded there would be no prolonged high inflation and no rate hike in 2022. Six months later, rates began to rise. Inflation climbed to 7.8 per cent by the end of 2022, the highest in more than three decades. The Reserve Bank raised rates thirteen times, taking the cash rate to 4.35 per cent by November 2023. For our couple, and hundreds of thousands like them, repayments jumped month after month. They had done exactly what the central bank encouraged. What caused that inflation depends on who you ask. Mainstream economists point mostly to supply shocks, from pandemic shipping bottlenecks to the energy spike after Russia invaded Ukraine and floods that pushed up food prices. Austrian economists agree those shocks raised some prices, but argue they can’t create broad, lasting inflation on their own. That takes more money, and the pandemic delivered a lot of it. On 28 November 2022, Governor Philip Lowe sat before a Senate committee and was asked whether he owed Australians an apology. “I’m certainly sorry if people listened to what we’d said,” he replied. The bank’s own reviews didn’t hide the damage. It called its exit from the bond yield target “disorderly” and admitted it caused reputational damage. In the 2021–22 financial year it booked a $36.7 billion accounting loss on its bonds, leaving its equity in the red. It estimated the program would cost between $35 billion and $58 billion by 2033. To be fair, unemployment fell to 3.4 per cent in July 2022, its lowest in almost 50 years, and the bank argues its actions helped. But look at the shape of it. The same institution created the money, told people rates would stay low, then raised them to fight the inflation that followed. And this year, the cash rate has risen four more times, to 4.60 per cent. Who pays for the mistakes of the people who make the money? Tomorrow, the man who invented private digital cash in 1982, and why it failed. Follow and ring the 🔔 on our profile so you don’t miss a day.
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International Bitcoiners, Australia needs your help, your support and your eyeballs. 👀 @francispouliot_ is fighting DAC8 in France’s highest court because centralised digital asset databases put holders at risk of kidnapping. Australia’s version may be even worse: 1. Every transaction through an Australian digital asset platform is to be reported quarterly, tied to your name and address, including moves to your own wallet (which is not a taxable event). That’s more than banks report to the Australian Taxation Office. 2. An undefined “transaction ID” that could expose your wallets and activity, forever. It’s not in the bill at all. It appears only in the explanatory notes, undefined, leaving you to guess what it means. 3. A blank cheque: the details are set later by regulation, with no vote in Parliament to approve them. Meaning any future framework, change or addition can be made with the least democratic scrutiny possible. Rushed through in 13 days, against Treasury’s average of 27. Submissions close 28 Oct. Please tag anyone who might care, share, retweet, etc.
Why I think this crypto bill deserves real scrutiny I’m not against paying tax. I want to say that upfront, because whenever someone raises privacy, the first response is “what have you got to hide?” Nothing. And that’s the point. Wanting privacy is not evidence of wrongdoing. It’s a right. I’ve read the Treasury Laws Amendment Bill 2026: Tax Information Reporting, and the explanatory notes that come with it. Here’s why it worries me. 1. Parliament is being asked to approve a power, not a policy. The bill doesn’t list what data will be collected about you. Treasury’s notes give an “expected” list: your name, address and bank details, plus the date, time, value and ID of every transaction. But the final list is set by the ATO later, and it can change. It goes further. The bill lets the government sign Australia up to any future international data sharing framework by regulation. No new law. No vote to approve it. Treasury’s notes say these frameworks concern foreign residents. The bill itself doesn’t say that anywhere. A reassurance in the notes is not a protection in law. 2. It collects more than tax needs. Moving crypto to your own wallet isn’t a taxable event. You haven’t sold anything or made a gain. Yet that transfer must be reported. If it isn’t taxable, why does a tax law need to know about it? The only thing it reveals is where you keep your money, and that you hold it yourself. 3. The transaction ID could follow you forever. Every report includes a “transaction ID”. The bill doesn’t define it. If it means the blockchain ID, your name could be linked to your wallet and its entire history. The Bitcoin ledger is public and permanent. You can change a password. You can’t change a blockchain. The ATO doesn’t need this to calculate tax. The date, value and asset are enough. 4. It goes further than banks. Banks report your annual interest to the ATO, not every transaction. Transfers between your own accounts aren’t reported at all. Where cash is reported, there’s a $10,000 threshold. This bill reports every crypto transaction of any value, every quarter. The notes never explain why crypto should be treated more intrusively. 5. The safeguards aren’t there. No limit on how long data is kept. No security standard. No breach rules. No notice that you’ve been reported. No published human rights assessment or privacy impact assessment. Just one sentence pointing to existing privacy law. 6. This is a safety issue, not just a privacy one. A bank transfer can be frozen or reversed. A Bitcoin transfer can’t. If someone forces you to send it, it’s gone. Criminals know this. Physical attacks on crypto holders are rising worldwide, and gangs now pick victims using leaked databases and exchange records. In France, a tax official allegedly sold crypto investors’ details to criminals. Optus. Medibank. Latitude. Databases leak. In trying to stop one crime, tax evasion, we risk making another far easier. 7. It’s been rushed. We’ve had 13 days to comment. Treasury’s average is 27. That’s not enough time for a bill that hands this much power to officials. What I’m asking for Not to scrap it. To do it properly: A minimum threshold No blockchain IDs or wallet addresses No reporting of transfers to your own wallet Retention, security and breach rules written into the law Any new international data sharing approved by Parliament More time to consult Submissions close at midnight on 28 October. Anyone can make one, and it doesn’t need to be formal. consult.treasury.gov.au/c202…
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Replying to @Rothmus
Those who are opposed to corporations and favor government do not realize that government is simply the largest, most monopolistic corporation of all and it has a monopoly on violence.
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Why I think this crypto bill deserves real scrutiny I’m not against paying tax. I want to say that upfront, because whenever someone raises privacy, the first response is “what have you got to hide?” Nothing. And that’s the point. Wanting privacy is not evidence of wrongdoing. It’s a right. I’ve read the Treasury Laws Amendment Bill 2026: Tax Information Reporting, and the explanatory notes that come with it. Here’s why it worries me. 1. Parliament is being asked to approve a power, not a policy. The bill doesn’t list what data will be collected about you. Treasury’s notes give an “expected” list: your name, address and bank details, plus the date, time, value and ID of every transaction. But the final list is set by the ATO later, and it can change. It goes further. The bill lets the government sign Australia up to any future international data sharing framework by regulation. No new law. No vote to approve it. Treasury’s notes say these frameworks concern foreign residents. The bill itself doesn’t say that anywhere. A reassurance in the notes is not a protection in law. 2. It collects more than tax needs. Moving crypto to your own wallet isn’t a taxable event. You haven’t sold anything or made a gain. Yet that transfer must be reported. If it isn’t taxable, why does a tax law need to know about it? The only thing it reveals is where you keep your money, and that you hold it yourself. 3. The transaction ID could follow you forever. Every report includes a “transaction ID”. The bill doesn’t define it. If it means the blockchain ID, your name could be linked to your wallet and its entire history. The Bitcoin ledger is public and permanent. You can change a password. You can’t change a blockchain. The ATO doesn’t need this to calculate tax. The date, value and asset are enough. 4. It goes further than banks. Banks report your annual interest to the ATO, not every transaction. Transfers between your own accounts aren’t reported at all. Where cash is reported, there’s a $10,000 threshold. This bill reports every crypto transaction of any value, every quarter. The notes never explain why crypto should be treated more intrusively. 5. The safeguards aren’t there. No limit on how long data is kept. No security standard. No breach rules. No notice that you’ve been reported. No published human rights assessment or privacy impact assessment. Just one sentence pointing to existing privacy law. 6. This is a safety issue, not just a privacy one. A bank transfer can be frozen or reversed. A Bitcoin transfer can’t. If someone forces you to send it, it’s gone. Criminals know this. Physical attacks on crypto holders are rising worldwide, and gangs now pick victims using leaked databases and exchange records. In France, a tax official allegedly sold crypto investors’ details to criminals. Optus. Medibank. Latitude. Databases leak. In trying to stop one crime, tax evasion, we risk making another far easier. 7. It’s been rushed. We’ve had 13 days to comment. Treasury’s average is 27. That’s not enough time for a bill that hands this much power to officials. What I’m asking for Not to scrap it. To do it properly: A minimum threshold No blockchain IDs or wallet addresses No reporting of transfers to your own wallet Retention, security and breach rules written into the law Any new international data sharing approved by Parliament More time to consult Submissions close at midnight on 28 October. Anyone can make one, and it doesn’t need to be formal. consult.treasury.gov.au/c202…
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