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Bill: Cryptocurrency Act
Details
Submitted by[?]: Liberal Capitalist Party
Status[?]: passed
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: November 5098
Description[?]:
| We have attempted in the past to ban cryptocurrency without success, but we hope to try again. Cryptocurrency has extremely deleterious effects on the environment and on the economy, without commensurate benefits, so we hold that it should not be considered legitimate for use in our Commonwealth. |
Proposals
Article 1
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Current: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Proposed: Cryptocurrency is illegal.
Debate
These messages have been posted to debate on this bill:
| Date | 21:42:37, April 02, 2022 CET | From | Liberal Socialist Party (LSP) | To | Debating the Cryptocurrency Act |
| Message | Mr Speaker, As we have no real opinion on this matter, we will abstain. |
| Date | 22:25:25, April 02, 2022 CET | From | Legion | To | Debating the Cryptocurrency Act |
| Message | Mr Speaker, We support this proposal! What cryptocurrwncies even are? We want to see real money on the table. |
| Date | 22:26:24, April 02, 2022 CET | From | Liberal Capitalist Party | To | Debating the Cryptocurrency Act |
| Message | OOC: If real-world supporting evidence is useful here, Paul Krugman, Alan Greenspan, and Warren Buffett all agree that cryptocurrency is a bad thing, making it pretty much the only thing they all agree on. This website also has good information on the flaws with the system: https://rationalwiki.org/wiki/Bitcoin |
| Date | 04:56:55, April 03, 2022 CET | From | Liberal Capitalist Party | To | Debating the Cryptocurrency Act |
| Message | Mr. Speaker, We feel we should distance ourselves from the Michaelist statement on this bill. We agree that getting rid of cryptocurrency is desirable, but it's an oversimplification to say that they aren't "real money," and the question "What cryptocurrwncies [sic] even are?" [sic] bespeaks ignorance. Nonetheless, in a very rare occurence, we agree with the Michaelists on outcome. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 117 | |||
| no |
Total Seats: 59 | |||
| abstain | Total Seats: 24 |
| Random fact: Moderation will not accept Cultural Protocol updates which introduce, on a significant scale, cultures which are likely to be insufficiently accessible to players. In particular, for all significant cultures in Particracy, it should be easy for players to access and use online resources to assist with language translation and the generation of character names. Moderation reserves the right to amend Cultural Protocols which are deemed to have introduced significant cultures that are not sufficiently accessible and which are not being actively role-played with. |
| Random quote: "The activist is not the man who says the river is dirty. The activist is the man who cleans up the river." - Ross Perot |