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Bill: Cryptocurrency Bill
Details
Submitted by[?]: Démocrates Libres
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: September 4403
Description[?]:
| The recent phenomenon of cryptocurrency has attracted much media attention. However, they are unstable and pose a real risk to the Kanjorian financial system. As such, the government should not be issuing its own cryptocurrency |
Proposals
Article 1
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Current: Cryptocurrency is illegal.
Proposed: The government has no policy on cryptocurrency
Debate
These messages have been posted to debate on this bill:
| Date | 11:55:51, May 31, 2018 CET | From |  Parti Socialiste Populaire | To | Debating the Cryptocurrency Bill |
| Message | The state should have it's own cryptocurrency, as well as allowing other cryptocurrencies to exist and be used while still being slightly monitored. |
| Date | 11:57:46, May 31, 2018 CET | From | Parti Socialiste Populaire | To | Debating the Cryptocurrency Bill |
| Message | Also, the government can control their cryptocurrency and how much it floats in value. It functions like a form of e-currency unconnected to the Central Bank and the Kanjori Rupee. |
| Date | 12:23:21, May 31, 2018 CET | From | Démocrates Libres | To | Debating the Cryptocurrency Bill |
| Message | The whole point of a cryptocurrency is that it is independent of any government or central bank. What's to stop the currency spiralling out of control if it's independent of the Central Bank? |
| Date | 10:29:52, June 02, 2018 CET | From | Démocrates Libres | To | Debating the Cryptocurrency Bill |
| Message | Should this bill be advanced to vote, how would the PSP vote? |
| Date | 02:05:15, June 03, 2018 CET | From | Parti Socialiste Populaire | To | Debating the Cryptocurrency Bill |
| Message | The PSP would likely vote no. |
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Voting
| Vote | Seats | |
| yes |
Total Seats: 147 | |
| no | Total Seats: 275 | |
| abstain | Total Seats: 78 |
| Random fact: You can inactivate yourself on your User Page. You will then lose all your seats but your party account won't be deleted, and your party's Visibility ratings will not diminish. Reactivation can be requested in the "Reactivation Requests" thread in the Game Moderation section of the Particracy Forum. |
| Random quote: "He comes out of hibernation once every three years and says something stupid. No wonder the UR fell apart." - Tirza Sommer, Pragmatic Party Leader, on the Dorvish President, Leonhard Khan. |