NH: Bill would let state agencies accept crypto

[RidleyReport]

https://www.coindesk.com/new-hampshire-bill-would-...

The New Hampshire Liberty Alliance (http://NHLiberty.org) is backing a bill aimed at widening crypto adoption in the state. The alliance is the only institution I'm aware of that comprehensively rates a state's bills and legislators for how pro-liberty they are.

I believe at least one of the sponsoring reps is a free stater (a person who migrates to NH for the purpose of liberty activism). The number of free staters in the legislature has been hovering between 10 and 20 over the last decade; most win election as Republicans or Democrats.

The Alliance is encouraging in-state supporters of the bill to make their position known by emailing relevant legislators before roughly Feb. 4, 2019:
HouseExecutiveDepartmentsandAdministration@leg.state.nh.us

[1714598371]

1714598371

[BADecker]

Seems to me that you are going the public route.

If the Free State Project (FSP) became a PMA, or formed a PMA in certain areas of itself, couldn't they use the legal advantages of a PMA? Wouldn't a properly formed FSP PMA bar State officials from messing in all kinds of free life of the FSP people? Wouldn't this encourage many other people to join the FSP? Once the FSP PMA outgrew the State in population, wouldn't the State then become the PMA? The State, being a public PMA (whatever that means), would still maintain all the "rights" of State... such as protecting the FSP PMA in certain ways.

[RidleyReport]

what is a pma?  what do you mean by public route?

[BADecker]

PMA is private membership association. Youtube search on it. Three of the best videos on it are among the first that pop up:
https://www.youtube.com/watch?v=13OHj_2TOOA
https://www.youtube.com/watch?v=qTq13vOxpZk
https://www.youtube.com/watch?v=2lupSn80_PY (less than 5 minutes)

A PMA shows government people that government is there to protect the public. Private is off limits to them. If people had the court cases, the laws, the Constitution, the Amendments for private vs. public, there wouldn't be any in-the-home arrests for drug use... at least not after the first few cases the government lost.

The PMA simply shows government formally that you are private. Don't use one in such a way that moves you into the public domain by the use of it.

[mayo2u]

https://www.coindesk.com/new-hampshire-bill-would-...

The New Hampshire Liberty Alliance (http://NHLiberty.org) is backing a bill aimed at widening crypto adoption in the state. The alliance is the only institution I'm aware of that comprehensively rates a state's bills and legislators for how pro-liberty they are.

I believe at least one of the sponsoring reps is a free stater (a person who migrates to NH for the purpose of liberty activism). The number of free staters in the legislature has been hovering between 10 and 20 over the last decade; most win election as Republicans or Democrats.

The Alliance is encouraging in-state supporters of the bill to make their position known by emailing relevant legislators before roughly Feb. 4, 2019:
HouseExecutiveDepartmentsandAdministration@leg.state.nh.us

The more government accepts crypto the better. Do you have any idea what kind of chance this bill will have?

Regardless, thx for the post. I'm going to check it out now.

[Bitcoinwalks]

Today, we cannot deny the fact that most States are beginning to realize the importance and benefits of blockchain technology and cryptocurrency
for society.

[cizatext]

That is what liberty really stand for making law or starting a bill that look forward to widening the SCOP of bitcoin/cryptocurrency adoption in the world, I have read about other countries optioning in to the legality of cryptocurrency and designing a framework that will make that works and that is the only way the government can't have some regulating right and ability.

[BADecker]

Today, we cannot deny the fact that most States are beginning to realize the importance and benefits of blockchain technology and cryptocurrency
for society.

You better define State better. The State is inanimate. Only people realize things. If they say that their State recognizes it, I have been in my State of recognition for a long time now.

[RidleyReport]

sorry for slow response. in answer to the question, I would put the chances of the bill's passage into law at about 40 percent this year.   It has now passed the committee unanimously , which means it will likely pass the full House.  But it then has to pass the senate and then get not-vetoed by the governor.  that's three more total hurdles, most bills get stopped somewhere along this process but there is no clear opposition to crypto in the NH elected government.  I would assume some of the bureaucracies must be against it since they'd have to do some work to implement crypto acceptance.  

[mayo2u]

sorry for slow response. in answer to the question, I would put the chances of the bill's passage into law at about 40 percent this year.   It has now passed the committee unanimously , which means it will likely pass the full House.  But it then has to pass the senate and then get not-vetoed by the governor.  that's three more total hurdles, most bills get stopped somewhere along this process but there is no clear opposition to crypto in the NH elected government.  I would assume some of the bureaucracies must be against it since they'd have to do some work to implement crypto acceptance.  

I don't know if they would have to do much of anything. They'll be using a merchant services company which will take the crypto, convert it to USD and then into the State bank account. I don't think the State of NH would be running a BTC wallet.