5 March 2014

US Congressman Launches Satirical Bid to Ban the US Dollar

Just over one week ago, U.S. Senator Joe Manchin made headlines when he wrote an open letter to federal regulators calling for an outright ban of bitcoin, and now he has received a tongue-in-cheek response from a fellow politician, Congressman Jared Polis.


The Colorado representative issued a letter today to the same federal regulators that Manchin addressed, and in the letter Polis satirically calls for a ban on the physical US dollar.


Elaborating on his concerns about the dollar, Polis wrote that “the exchange of dollar bills, including high denomination bills, is currently unregulated and has allowed users to participate in illicit activity,” mirroring similar statements made by Manchin about bitcoin.


Continue reading at CoinDesk


March 06, 2014 at 02:02AM