Submitted on Sunday 25th June 2023
Rejected on Thursday 29th June 2023
Current status: Rejected
Rejection code: no-action (see below for details)
Develop framework for public governance of monetary policy with CBDC.
For Government or Parliament to develop and legislate a governance framework that enables public contribution to the decision of monetary policy by using CBDC infrastructure and other technology innovations.
As technology advances, the ability for participation from the public in governance decisions (in greater quantities than once every 4 years) has to be considered. Blockchain networks that support the distribution of CBDC also carry the capabilities to enable public voting ballots on decisions such as monetary policy. The UK has been a financial innovation hub for centuries and it’s government has to see the opportunity available with blockchain to enable a better democracy.
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The Government e-Petitions Team gave the following reason:
Petitions need to call on the Government or Parliament to take a specific action.
We understand that you want to see greater public involvement in monetary policy, but we're not sure exactly what decisions you want the public to be able to contribute to, and if you want these arrangements to give the public decision-making powers, or just enable greater participation in the decision-making process.
You could start a new petition explaining clearly what you would like the Government or Parliament to do.
3.147.56.111 Thu, 07 Nov 2024 18:59:26 +0000
