Bitcoin in Australia is Under Fire - the Travel Rule and…

About this episode

🔑 Learn how to take 100% self-custody of your Bitcoin: https://www.thebitcoinway.com/services/bitcoin-self-custody-training?utm_source=tbw&utm_medium=fountain&utm_campaign=podcast&utm_content=desc 📖 Subscribe to our newsletter: https://www.thebitcoinway.com/resources/newsletter?utm_source=tbw&utm_medium=fountain&utm_campaign=podcast&utm_content=desc 📞 Schedule a FREE call: https://www.thebitcoinway.com/contact?utm_source=tbw&utm_medium=fountain&utm_campaign=podcast&utm_content=desc —------------------------ In this episode, Bitcoin educator Zane Truscott joins Michael Jordan to discuss Bitcoin adoption in Australia and the controversial Travel Rule. Zane shares takeaways from BTC Prague, including the growth of Bitcoin as an industry with Plan B residencies and Citadel communities. He breaks down Australia's Travel Rule, explaining why self-custody makes you financially autonomous regardless of regulations. The conversation explores low versus high time preference, how fiat conditions society toward instant gratification, and why Bitcoiners must relearn sound money values. Zane also discusses Australia's slide toward a "nanny state," why elections won't fix broken money, and his unpopular opinion that access to our money is coming under threat. Learn why mastering self-custody is critical as governments push for financial surveillance. 🎧 Zane Truscott's links: YouTube: https://youtube.com/@ZaneTruscott Website: https://ZaneTruscott.com —------------------------ ⏱️ TIMESTAMPS: 0:00 Intro 02:04 BTC Prague conference highlights and takeaways 04:18 How Bitcoin is becoming a mainstream industry 05:58 The battle between legacy finance and Bitcoiners 07:16 Why bitcoin self-custody mastery matters 11:02 Signal vs noise during bitcoin bear markets 19:27 Block explorers and how to learn bitcoin fundamentals 21:24 What attracts people to Bitcoin in 2026 44:18 Low vs high time preference explained simply 46:17 How broken money affects quality of life and society 47:57 Australia's travel rule for crypto explained 52:31 How self-custody defeats the travel rule 59:43 Bank runs and fractional reserve banking explained 1:00:28 Why you need to take action on self-custody now 1:02:04 Australia as a nanny state and overreach 1:03:21 Zane's prediction: we will lose access to our money —------------------------ 🎧 LISTEN TO OUR OTHER EPISODES: Rumble: https://rumble.com/user/thebitcoinway Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-way-podcast/id1736983610 Spotify: https://open.spotify.com/show/2XXxtNdPsoGXIALpIOwByz Fountain: https://fountain.fm/show/XiUs8SaIGhj52qzET4P6 RSS: https://feeds.buzzsprout.com/2334006.rss ABOUT OUR SHOW: On The Bitcoin Way Podcast, Michael Jordan talks to guests with a wide range of expertise and skillsets related to Bitcoin, including investing, macroeconomic and financial trends, mining, education, and more. CONNECT WITH US: X: https://twitter.com/thebitcoinway_ N: npub1lrj3lsskez59qu68v5fpnur7ythe7s5e4qcelclha6t6r9q5pqgsl2m LI: https://www.linkedin.com/company/thebitcoinway/ IG: https://www.instagram.com/thebitcoinway_ TT: https://www.tiktok.com/@thebitcoinway Newsletter: https://www.thebitcoinway.com/resources/newsletter DISCLAIMER: This show is for entertainment purposes only. Before making any financial or legal decisions consult a professional.