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Congressman Calls To Ban U.S. Dollar In Response To Plea For Bitcoin Ban

March 5, 2014

TechCrunch

Congressman Jared Polis is calling on the Treasury to ban physical dollars in response to Senator Manchin’s plea to ban Bitcoin. “The exchange of dollar bills, including high denomination bills, is currently unregulated and has allowed users to participate in illicit activity, while also being highly subject to forgery, theft, and loss,” wrote Polis in a statement.

To be sure, the Congressman is being cheeky. “This is just a satirical version of Senator Manchin’s letter, meant to draw attention to the fact that BitCoins are not any more susceptible to the problems that the Senator points out than dollars,” said Spokesperson Scott Overland. “Congressman Polis is not actually calling for a ban on physical currency, but hopes this helps move the debate forward so we can come up with ways to improve BitCoins, not ban them.”

The rather bold request is comes on the heels of renewed calls to…

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