Currency and the Central Bank in a Digital Economy

Proposer
PaulJRobinson
State

Accepted

Vote Score

2

Age

3684 days


PaulJRobinson

@PaulJRobinson - about 10 years ago

This pull request has been automatically generated by prose.io.

@PaulJRobinson edited manifesto/economy.md - about 10 years ago

layout: policy

published: true

  • table of contents {:toc}

In parallel, work at an international level to get rid of tax havens outside British jurisdiction, and close international loopholes such as the "Double Irish Dutch Sandwich".

P2P Open Source Currency and role of Central Bank?

To consider a policy on the future of currency and the role of the central bank in a digital economy.

[^1]: Stop Secret Contracts

Floppy

@Floppy - about 10 years ago

This is an interesting one. I agree with it, but it seems vague. I guess this isn't an area where we can make specific policy recommendations, as it's too early, but perhaps we could point to some people who are doing such research already?

PaulJRobinson

@PaulJRobinson - about 10 years ago

Well it's not something I know much (anything?) about, but I think it's something the group should have a view on. I was hoping someone more knowledgable might be able to link to some evidence of how other governments or parties are adapting their currencies to the digital economy. So this is really just one to kick-start a discussion.

On 19 March 2014 10:37, James Smith [email protected] wrote:

This is an interesting one. I agree with it, but it seems vague. I guess this isn't an area where we can make specific policy recommendations, as it's too early, but perhaps we could point to some people who are doing such research already?

Reply to this email directly or view it on GitHubhttps://github.com/openpolitics/manifesto/pull/124#issuecomment-38036618 .

Floppy

@Floppy - about 10 years ago

OK, cool. I'll see if I can dig anything up that might inform us.

philipjohn

@philipjohn - about 10 years ago

I've kept 1/8 of an eye on this issue and seen that some countries have outright banned digital currency, some are trying to regulate them and most are considering their position.

I did start going through the countries I'd heard about and listing them here, but then I found this: Legality of Bitcoins by country. Wikipedia, eh!

Floppy

@Floppy - about 10 years ago

I'\m happy with this, but perhaps we could rephrase this slightly to be more precise. Perhaps:

We will instruct the Treasury to produce a roadmap for the future of currency and the role of central banks in a world with non-state-issued digital currencies, such as Bitcoin.

@PaulJRobinson edited manifesto/economy.md - about 10 years ago

layout: policy

published: true

  • table of contents {:toc}

In parallel, work at an international level to get rid of tax havens outside British jurisdiction, and close international loopholes such as the "Double Irish Dutch Sandwich".

P2P Open Source Currency and role of Central Bank?

We will instruct HM Treasury to produce a roadmap for the future of currency and the role of central banks in a world with non-state-issued digital currencies, such as Bitcoin.

philipjohn

@philipjohn - about 10 years ago

That's better.