Want to see something funny?
This is how the draft 2019 bill defines #cryptocurrency.
If this is the definition they'll go by in the new bill too, you can guess how absolutely bonkers the new law is going to be.
This is how the draft 2019 bill defines #cryptocurrency.
If this is the definition they'll go by in the new bill too, you can guess how absolutely bonkers the new law is going to be.
In case you missed it, this definition would technically cover Fortnite money as well. Or Assassin's Creed money. Or PUBG money. Or any other 'information or code or number or token' which has inherent value.
Fun times.
Fun times.
I can see people trying to figure out what 'private' cryptocurrencies are.
Realistically speaking -- just looking at the way this govt comes up with laws -- it's likely to be a definition you did NOT expect.
This govt notoriously doesn't listen to experts before making laws.
Realistically speaking -- just looking at the way this govt comes up with laws -- it's likely to be a definition you did NOT expect.
This govt notoriously doesn't listen to experts before making laws.
It takes a normal young tech-savvy person quite sometime to wrap their heads around the entire concept of #cryptocurrency. Blockchain and its applications are a whole different ballgame.
You *really* think some old babus set in their ways would make a good law on this?
You *really* think some old babus set in their ways would make a good law on this?
Would be happy to be proven wrong, of course. But I have serious doubts.
This is going to be a fun fun ride for sure.
This is going to be a fun fun ride for sure.
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