Universal BitLicense Declaration on Virtual Currency & Human Rights

[Gunnar Larson]

https://thecapital.io/article/universal-bitlicense-declaration-on-virtual-currency--human-rights--MLDeYGL8igYxkY8tBJ4?fbclid=IwAR3mQ3fAeYlYLBPMa_iadZyj0Fnu0IS2zMytDrSnxPaI-cIcgsHR_30pYF8


Universal BitLicense Declaration on Virtual Currency & Human Rights

Gunnar Larson

WE THE PEOPLE OF NEW YORK DETERMINED

to pioneer noble advancement of BitLicence theory and regulation, whereas
it is essential to safeguard virtual currency and its potential to
galvanize international, economic and social advancement of all peoples, and
to ensure clarity, principally New York’s BitLicence being the preeminent
institution with mandate of ensuring that virtual currency manipulation (of
any sort) shall not burden the common global interest of humanity, and that
human rights are protected in the jurisdiction of New York for all peoples
AND FOR THESE ENDS
to save succeeding generations from financial fraud and corruption, which
in our lifetime has brought untold sorrow to humanity, and
to reaffirm New York’s faith in fundamental human rights, in the dignity
and worth of the human person, in the equal rights of men and women and of
nations large and small, and
to establish conditions under which justice and respect for the obligations
arising from BitLicence regulation and other sources of financial services
law can be maintained, and
to promote larger social progress by leading global standards, given that
New York remains the center of technological innovation and forward-looking
virtual currency regulation
HAVE RESOLVED TO COMBINE OUR EFFORTS TO ACCOMPLISH THESE AIMS
Now, therefore this UNIVERSAL BITLICENSE DECLARATION ON VIRTUAL CURRENCY &
HUMAN RIGHTS as the common crypto standard of achievement for all peoples
and all nations, keeping this Declaration constantly in mind, shall strive
to promote respect for human rights and personal freedoms by progressive
measures, national and international, to secure their universal and
effective recognition and observance of New York-based companies
accountable to a universal BitLicense standard of virtual currency
regulation across all global territories of business, protecting all
peoples and all nations.

Article One
Whereas disregard and contempt for human rights have resulted in failed
financial frameworks that have outraged the conscience of mankind, and

Whereas the foundational vision of BitLicense theory imagines a world in
which human beings shall enjoy safe, reliable and regulated virtual
currency tools and financial products, now proclaimed as the highest
aspiration of the common people,

Article Two
Whereas ethical stewardship of virtual currency is inherent to the
BitLicence mandate, the invention of blockchain, and virtual currency aimed
to secure the equal and inalienable rights of all as foundation to
financial freedom and economic prosperity, especially in the developing
economies, and

BitLicense members pledged themselves to achieve, in cooperation with the
state of New York, the promotion of universal respect for and observance of
international human rights fundamental to the integrity of the BitLicense’s
virtual currency regulation.

Whereas New York reaffirms faith in the BitLicense’s foundational themes
and the general concept of human right protection. The dignity and worth of
the human person and the equal rights of men and women are part of New York
BitLicense protections and standards which correlates to noble
“public-spiritedness” virtual currency regulation with exponential social
progress of humanity.

Article Three
The Purposes of this Declaration are:

To maintain the protection of BitLicense virtual currency standards,
implying any New York- based group or person has no right to engage in
“loophole” business activities in global markets out of New York, or to
perform any act aimed at bypassing BitLicense virtual currency regulation,
and
To take effective collective measures to remove inconsistencies and prevent
the suppression of human rights or other breaches of BitLicense regulations
of virtual currency, and to bring about conformity with the principles of
justice and international human rights laws, adjusting or settling
international disputes or situations which might lead to a breach of New
York BitLicense law;
To develop friendly relations among nations based on respect for the
principle of equal rights and self-determination of peoples, while
executing appropriate measures to close KYC/AML loopholes by strengthen
universal virtual currency regulation of New York firms operating in global
emerging markets;
To achieve international co-operation in solving international virtual
currency problems of an economic, social, cultural, or humanitarian nature,
and in promoting and encouraging respect for human rights and fundamental
freedoms for all without distinction as to race, sex, language, or
religion; and
To offer New York as centre jurisdiction and the BitLicense as universal to
harmonizing smart virtual currency actions of nations in the attainment of
these common ends.
Article Four
New York BitLicensees (members), in pursuit of the Purposes stated in
Article One, shall act in accordance with the following Principles:

All Members, in order to ensure to all of them the rights and benefits
resulting from BitLicense membership, shall fulfill the obligations assumed
by them in accordance with this Declaration, and

All Members shall immediately settle their international virtual currency
inconsistencies by peaceful means in such a manner that international law
and justice are not endangered while meeting this Declaration and overall
BitLicense compliance, and

All Members shall refrain in their international relations from the
violation of human rights or abuse of virtual currency manipulation by
leveraging territorial loopholes (e.g. Africa) and/or inconsistent
jurisdictional integrity and enforcement (e.g. Europe), nor willfully
employ political naivete of any state (e.g. New York), or in any other
manner inconsistent with the Purposes of this Declaration, and

Continued membership is contingent on the requirement that BitLicense
Members based in New York act in accordance with these Principles so far as
may be necessary for the promotion of universal respect for and observance
of human rights and fundamental virtual currency regulation, and finally

Nothing in this Declaration may be interpreted as implying for any State,
group or person any right to engage in any activity or to perform any act
aimed at the destruction of human rights or degradation of the BitLicense’s
virtual currency statute or mandates set forth in this Declaration.
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