• happybadger [he/him]@hexbear.netOP
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      23 days ago
      1. Control of Fiat and digital currencies

      As a technology party, NONPOL embraces technological advancements, such as AI, Quantum Computing, Blockchain and Bitcoin if they are used intelligently. In particular a countries currency is critical to its economic health. The UK has successfully managed to keep the pound and it is one of the most respected currencies on the planet; however now that the gold reserve no longer exists, as a fiat currency it is still fragile. We have no contingency should our currency become devalued or affected by external market forces. We expect this not to happen if we have built a solid and growing economy. However, we should have a contingency. Currently most countries are opposed to Bitcoin, as they have no control over it and do not like its anonymity. This is narrowmindedness. It is the flexibility and anonymity that makes it an attractive investment. If the UK builds a car, does it matter if it is bought with fiat currency or Bitcoin? It is still a sale and Bitcoin is highly fungible. The blockchain concept is a great technological advancement, for many reasons. In order to embrace this technology, NONPOL would start a GB bitcoin, which would be very different to the Bank of England digital pound currently being planned. The digital pound is still controlled by the bank, our GB bitcoin would use the same bitcoin technology as other crypto currencies and remain anonymous. This would give the economy 2 currencies that can provide growth, contingency and promote global trade with the UK. Also, there are major benefits in the crypto currency secondary markets, which trade like any other commodity. We would set up a UK GB Bitcoin trading platform for anyone to trade our crypto currency anonymously. There would be huge revenues from such a platform. Furthermore, if international customers bought British goods with our crypto currency, we would earn money on the export duty. More avenues to bolster the economy.

      They’ve written this whole ass five dollar paragraph to say “oi, wot if bitcoin.” It has the same exact vibe to me as Trump’s crypto shit where he doesn’t bother to pretend he knows what any of it means.