Proposal for Autumn Congress

Proposal 402

LYMEC Autumn Congress, November 8 to 9., 2019 in London

Author: Venstres Ungdom (VU), Radikal Ungdom (RU), Estonian Reform Party Youth (ERPY) and Jongeren Organisatie Vrijheid en Democratie (JOVD).


Status: [  ] accepted [  ] rejected [  ] transferred to: ___________________________

The Autumn Congress may decide:

1Let's liberalise the foreign exchange market

2We believe in the forces of the free market to ensure prosperity and freedom to all. Hence we are

3open-minded and have an optimistic approach to the new technological solutions delivered by
4the free market. We believe the foreign exchange and money market should be liberalised to
5create viable alternatives to the currencies controlled by centralised institutions, as it will e.g.
6secure the opportunity of economic growth and monetary stability in countries plagued by
7hyperinflation. We will be frontrunners on digital technologies in order to secure social and
8economic benefits for millions of people.


9Considering that:


14Believing that:

  • 15The free market is delivering decentralised and innovative solutions.

  • 16Free market solutions can be implemented as viable alternatives to the currencies

    17provided by government-controlled central banks.

  • 18The opportunities of crypto currency is yet to be fully discovered and in order for this to

    19happen we need to embrace the technologies of tomorrow.

  • 20We should not be afraid of new technologies and phenomena such as crypto-currency,

    21micro-financing and mobile-banking. 

  • 22Free market-driven competition on the issue of hyperinflated currencies will give the

    23average consumer the opportunity to choose between a variety of possible means of
    24payment.


Calls for:

  1. 1.

    25A liberalisation of the money market by protecting the freedom to issue and use
    26crypto-currency, which would secure consumers of the world the freedom to choose and
    27protect millions of people from the atrocities of hyperinflation.

  2. 2.

    28An open minded approach to the relatively new phenomenon of crypto-currency.

  3. 3.

    29A political and legal clarification of what kind of tax crypto-currencies would be subject to.

  4. 4.

    30An agreement at European level stating that crypto-currencies should not undergo unfair
    31tax-benefits let alone disadvantages.

  5. 5.

    32Governments to restrain for acting in ways which would intentionally encourage distrust or
    33skepticism in crypto-currencies.

  6. 6.

    34The European Union to be frontrunner on digital technologies for the sake of millions’
    35well-being and social and economical uprising.


Attention: This is a preview! The official text is printed in the proposal book for Autumn Congress 08 - 09 November 2019.