Рет қаралды 6,398
Stay up to date with everything Bitcoin, Blockchain, Energy, Fintech, & Policy in Texas: texasblockchai...
“Policy Point #1: Freedom to Code - Developers shall enjoy the freedom to write and publish code.
Overview:
The First Amendment protects freedom of speech - and that extends to the digital world. Developers cannot be prosecuted for their code and their software cannot be suppressed, any more than journalists and their articles can be prosecuted or suppressed.
Policy
•I will direct government prosecutors to prosecute bad actors, not the code they use and not the developers who write that code.
•I will support all legal challenges to existing cases, to bring further judicial clarity to the relationship between software and the First Amendment.
Policy Point #2: Freedom to Financial Self-Reliance - Users should enjoy the freedom to be financially self-reliant and independent.
Overview
Financial self-reliance is a key check against the concentration of powers, surveillance, and censorship in the financial system, in a tradition dating back to Jefferson and Jackson. Self-hosted wallets deliver this independence in the digital age, and must not be banned nor disadvantaged by regulation.
Policy
•I will prohibit any federal agency from creating rules that limit or impair self-hosted wallets.
•I will clarify that the Bank Secrecy Act does not bind on blockchain infrastructure providers and will overhaul its rules for crypto custodians.
Policy Point #3: Freedom from Regulatory Overreach - Projects should enjoy freedom from regulatory overreach and uncertainty.
Overview
Digital assets shouldn’t be subject to the “arbitrary and capricious” agendas of the SEC and the Federal Reserve. Despite little formal mandate from Congress, these agencies have made themselves the key gatekeeper for innovation, and deployed ambiguity and politicized hostility to suppress it. It is not the role of federal agencies to make qualitative judgments about the merit of an entire industry or technology.
Policy
•In keeping with the findings of West Virginia v. EPA, I will force crypto regulators to apply well-defined rules to precisely-defined jurisdictions, and apply those rules impartially and consistently.
•I will order the SEC and CFTC to create a process for new digital assets, where they enjoy a short period of safe harbor and then are programmatically classified into securities or commodities.
•I will order the Federal Reserve to grant stablecoin issuers the same access to Fed facilities that incumbent banks enjoy, so they can create safe and liquid products and further expand dollar hegemony.”
-- Credit Natalie Brunell for Summary
/ natbrunell
Follow our Social Media:
/ txblockchain_
/ txblockchain_
/ texasblockchaincouncil
texasblockchai...
www.texasblock...
The Texas Blockchain Council is a nonprofit industry association made up of companies and individuals that work with blockchain and distributed ledger technology. Our mission is to promote blockchain technology initiatives that drive growth and benefit the citizens of Texas. We exist to amalgamate the influence of our members to advocate for blockchain-centric public policy initiatives, to educate members of government about the benefits of blockchain technology, and to provide subject matter expertise on topics related to blockchain and distributed ledger technology.
Disclaimer:
Always do your own due diligence before making investments.
This video is meant for entertainment purposes and not meant as investment advice. All investment strategies and investments involve risk of loss. Nothing contained in this video should be construed as investment advice. Any reference to an investment's past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit
The opinions expressed in the video do not purport to reflect the opinions or views of the Texas Blockchain Council or its members.