Form Letter for those looking to quickly support the Token Taxonomy Act (2019 Version)

[Hodor]

Here is a sample letter to use (feel free to customize to your own liking) to quickly send something to your US Representative in support of the Token Taxonomy Act. 

Thanks to @LittleLordFauntleroy for most of the original content!   For more information, please see the tweet from Representative Warren Davidson: https://twitter.com/WarrenDavidson/status/1111299819757322241

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Hello Congressman/woman <<your rep>>,

My name is <<your name>>, and I'm a resident of <<wherever>>.

The reason I'm writing is because there is a bill being proposed by Rep. Warren Davidson called 'The Token Taxonomy Act'.  I strongly believe that it is in the best long-term interests of both <<your state>> and the United States to pass this bill, which would support the long-term growth and development of blockchain technology in the US.

Countries like China, India, the UK, Switzerland, and Malta are moving quickly and diligently on blockchain regulation, putting the US at risk of falling behind in the race to be a leader in this revolutionary new technology.

The Token Taxonomy Act serves to protect investors and speculators by establishing a clear taxonomy for what will constitute a security and what will not, and also designates which US Government entity will have jurisdiction and enforcement responsibilities for each type.  The act clearly indicates that the SEC should continue to enforce the laws of the land on any Initial Coin Offering ('ICO') that meets the criteria for a security. 

In this way, the act strikes a balance between the clear protection of investors, with needed regulatory guidance for the burgeoning field of blockchain technology and its associated financial innovations.  This approach is consistent with many other countries around the world that are also addressing this new technology. 

I hope you will join Representative Warren Davidson in moving innovation forward in <<your state>>.  Blockchain technology has tremendous potential, and I want <<your state>> and the US to be pioneers in what will be a a hugely important technology moving forward.

Thank you,
<<Your name>>

 

Edited March 31, 2019 by Hodor
Added an important section about how the act serves to protect investors as well.

[zenkert]

@Hodor
US is lagging behind. And it is getting worse. All US residents should use this and file it.
(Me I am European, so I cannot)
The irony is that US is supposed to be the Land of the Free. So free the DA´s now.
(In fact US is a very reactionary Nation - Die-Hard)

Enter Clint Eastwood. American actor. Spaghetti Western, made in Italy. Classic.
 

Wake up AMERICA to a new world order that is shaping!!! One of these Nights, soon, it will be to late.

 

Edited March 30, 2019 by zenkert

[Truckdriver]

@Hodor awesome idea mate. Unfortunately I'm in New Zealand otherwise I'd be absolutely supporting the cause. I feel any US citizens that doesn't  get behind this really has no reason to complain about regulatory authority slow progress. Have we got one for India as well . Thanks once again for showing initiative,  you're a leader amongst men. 

[Dizer]

@Hodor, Just contacted my US representative. He did respond to my inquiries in the past, so I'm very hopeful he will respond to this message that I just sent him.

Thanks for the great idea.

[henne111]

@Hodor, that's a good idea. Unfortunately, I'm from Germany, otherwise I would absolutely support the cause. Because I see tremendous potential in blockchain technology. I wish you much success.
Greetings hen111

[Paradigm]

Sent to my Congressman! Thank you to both @LittleLordFauntleroy & @Hodor.

[Hodor]

6 hours ago, Dizer said:

@Hodor, Just contacted my US representative. He did respond to my inquiries in the past, so I'm very hopeful he will respond to this message that I just sent him.

Thanks for the great idea.

Thank you! 

Note: I also edited based off of a response I got on Twitter about this.  Somebody sent me a response they received a few months ago when they had previously written their own representative.  I added a section to indicate how the act also protects investors, as I think that there are some other 'hidden' special interests attempting to obstruct progress - for whatever reason - under the guise of 'investor protection,' even though the representative in question acknowledged that the ICO market had dried up. 

It was an internally-inconsistent message, which is why I think we need to take that line of reasoning away from those that would use 'investor protection' to oppose progress.  It's like saying that:

"Since the Internet has hosted scam sites, we should just say 'no' to the Internet."

It's a completely irrational response, but I decided to add a section in the form letter connecting the dots for investor protection. 

[Sharkey]

THANKS, HODOR!!!  This is especially timely right now because the Token Taxonomy Act will be presented THIS WEEK (first week of April) to Congress.  If you live in the States, you can email, write, or tweet your representative and give your input as a VOTING constituent.  The representative who is introducing the bill has also included a link with the names of all of the reps on the Financial Services Committee (see below).  If you live in the States, its a no brainer to voice your support of this.  

 

Edited March 31, 2019 by Sharkey

[Sharkey]

https://twitter.com/search?q=%23passtokentaxonomyact&src=tyah

[Dizer]

17 hours ago, Hodor said:

Thank you! 

Note: I also edited based off of a response I got on Twitter about this.  Somebody sent me a response they received a few months ago when they had previously written their own representative.  I added a section to indicate how the act also protects investors, as I think that there are some other 'hidden' special interests attempting to obstruct progress - for whatever reason - under the guise of 'investor protection,' even though the representative in question acknowledged that the ICO market had dried up. 

It was an internally-inconsistent message, which is why I think we need to take that line of reasoning away from those that would use 'investor protection' to oppose progress.  It's like saying that:

"Since the Internet has hosted scam sites, we should just say 'no' to the Internet."

It's a completely irrational response, but I decided to add a section in the form letter connecting the dots for investor protection. 

Completely agree. Thanks for all the great things you do for the XRP community. You are an invaluable resource to this community.

[Hodor]

21 hours ago, Sharkey said:

https://twitter.com/search?q=%23passtokentaxonomyact&src=tyah

I didn't notice the hashtag! 

Something tells me that Crypto-Twitter will be lighting up with this in short order. 

[gamblin310]

The Token Taxonomy Act was reintroduced in Congress today! I encourage everyone to write their member of Congress using the form letter @Hodor provided above. You might also want to add that the bill is bipartisan. 

You can find your member of Congress here: https://ziplook.house.gov/htbin/findrep_house

 

[Paradigm]

I wrote to my congressman and I got a call from his office in DC. They would like to talk to me regarding this bill. I was very surprised to get a voicemail from their office requesting more feedback.