Outlaw cryptocurrency transactions and mining on environmental grounds

Rejected 12 signatures

What the petition asks

In 2017 it was found that one Bitcoin transaction used as much energy as a domestically occupied house in a week.[1] Currently there are two transactions per second[2] and climbing.[3] Outlaw cryptocurrency transactions and CPU mining to prevent environmental damage and energy price inflation.

[1] "One Bitcoin Transaction Now Uses as Much Energy as Your House in a Week"
https://motherboard.vice.com/en_us/article/ywbbpm/bitcoin-mining-electricity-consumption-ethereum-energy-climate-change

[2] https://blockchain.info/charts/transactions-per-second

[3] "In [Nov '17], the power consumed by the entire bitcoin network was estimated to be higher than that of the Republic of Ireland."
https://www.theguardian.com/technology/2018/jan/17/bitcoin-electricity-usage-huge-climate-cryptocurrency

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

Ban Cryptocurrency

Timeline

27 May 2018	Petition opened for signatures
4 Jun 2018	Rejected by the Petitions Committee

Key facts

Signatures 12

Status Rejected

Rejected 4 Jun 2018

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