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Topic: [2017-03-08] Texas Lawmaker: No Government Shall Prohibit Bitcoin (Read 379 times)

legendary
Activity: 3430
Merit: 3080
This is simply Texas state legislators stroking their own egos. What they do is irrelevant, stopping Bitcoin with law is next to impossible, and so the arrogant government big-heads have to make out like it's their special words written on special paper that's preventing them from controlling Bitcoin.

Newsflash: technology isn't just removing manual labour from the workforce these days, we can get technology to do the governing too. When will these jumped-up clowns finally understand that they're neither wanted nor needed?
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
Quote
“The recent news of adding Bitcoin to a constitutional amendment in Texas is somewhat encouraging, but I don’t recall ever asking permission from anyone to use Bitcoin.

No one should ask a permission form the government to use Bitcoin, and the modification of the current law isn't that necessary but if it will be done it will be a nice boost for bitcoin  Wink
sr. member
Activity: 406
Merit: 250
News Bitcoin - Texas Lawmaker: No Government Shall Prohibit Bitcoin

The lone star state of Texas has always been well-known for its stance on constitutional rights. On March 2, State Representative Matt Schaefer submitted a proposal to revise the state’s constitution to say that virtual currencies like bitcoin are mediums of exchange that “no government shall prohibit”.

The Texas lawmaker wants it to be known that the use of digital currencies is a citizen’s fundamental right. The recently submitted Texas House Joint Resolution 89 proposes to change Article I of the state’s constitution which says that people have the right to use a variety of mediums of exchange. Just as the state of Texas vehemently opposes government interference with gun rights, the amendment would protect currencies like bitcoin in this fashion. Resolution 89 states:....

READ MORE >>> https://news.bitcoin.com/texan-constitutional-right-own-bitcoin/
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