← The Batshit Bugle
    Waters Unveils Crypto Bill Drafted With WordPerfect — Batshit Bugle satirical news illustrationSatire

    Waters Unveils Crypto Bill Drafted With WordPerfect

    Proposed 400-page amendment to Clarity Act mandates 1-800 numbers for all blockchains and classifies Ethereum as "one of those Nintendo things."

    By Staff Writer
    •

    WASHINGTON — Newly reelected Rep. Maxine Waters (D-Calif.) unveiled a sweeping cryptocurrency framework Thursday.

    Staffers confirmed the proposed 400-page amendment to the Clarity Act, which could define how the public utilizes a complex, emerging technology for years to come, was written in WordPerfect 5.1, saved to a floppy disk, and sent to the committee from her AOL account.

    “It took us several days just to convert the file,” said one aide, who spoke on condition of anonymity because the oldest member of congress insisted he keep her computer password taped to his monitor.

    “...She asked us to fax her a copy so she could see if it went through.”

    Supporters say the 88-year-old lawmaker brings real experience to the concept of scarce digital assets because she was about 33 when Nixon took the dollar off gold.

    “I mean, she has watched money go from shiny rocks to paper to this, so...” said one Capitol Hill historian. “I guess she’s seen more fiat currencies die than anyone...?”

    The bill includes a description of Ethereum as “one of those Nintendo things”, mandates 1-800 numbers for all blockchains and requires crypto exchanges to close after 4:00 pm during the week and entirely on weekends.

    #crypto#maxine waters#congress#tech#legislation

    The Bugle's Inspiration

    The hint of sweet truth behind the satire →

    More from the Bugle

    All Crypto →

    Free · Delivered every Friday

    Subscribe to The Batshit Bugle Weekly

    Fake financial news, with a hint of sweet truth...

    The week's most batshit headlines — delivered every Friday.

    We use double opt-in because we value our subscribers: one email to confirm, nothing else until you click it. No spam. Unsubscribe whenever the joke stops landing.

    The Batshit Bugle is satire. We invent fake news quotes, sources, and story details for comedic effect. References to real public figures are intentional parody of public discourse and should not be mistaken for factual reporting. We occasionally make up names of characters for fake news stories... Any resemblance to actual people, living, dead or undead, is unintentional and coincidental.