INTERNATIONAL CODE OF CONDUCT FOR REPRESENTATIVES OF THE CRYPTO WORLD

To ensure a robust, free and efficient crypto world, here are the code of conducts that must be upheld and implemented:

1. LEGALIZATION OF CRYPTOCURRENCY BY GOVERNMENTS & INSTITUTIONS:

Governments of all nations should legalize cryptocurrency as a legal tender and form of exchange, as this will help to diversify the economies of nations and empower citizens with equal privileges without them being under the whims and caprices of the fiat lords.

2. ENSURE EQUITY AND FAIRNESS:

There must be room for equal participations by everyone, irrespective of their origins in the blockchain activities. Bias and favoritism should never be embraced.

3. UPHOLD DECENTRALIZATION:

It must be binding on everyone to uphold and create advocacy to ensure that blockchain networks are well distributed without monopoly or centralized control by few.

Centralization should not be embraced.

4. EMBRACE FREEDOM OF PARTICIPATION AND EXPRESSION:

Blockchain users in the crypto world should be given a fair hearing and playing ground to express themselves, as well as allowed to partake in blockchain or crypto activities of their choices without unfair restrictions., as long as such activities are not evidently fraudulent.

5. FOSTER TRANSPARENCY AND OPENNESS:

Project developers, builders, artists, inventors and all users should ensure to be open and transparent in their dealings in the blockchain by communicating honestly and openly to all, as these will help to boost trust and efficiency.

6. PRIORITIZE MASS EDUCATION: FOR MASS ADOPTION:

There should be a provision of resources, guides and protocols that will help to educate the general public about cryptocurrency, as well as guide users on how to make wise and smart decisions on their investments in the crypto ecosystem.

This will also help in fostering mass adoption of cryptocurrency.

7. ASSURANCE AND INSURANCE ON SECURITY:

There should be an implementation of robust encryption, secure coding practices, and regular update on software to protect user assets and a system of insurance can be developed allowing users to apply, so that when insecurities surface, they can be compensated.

8. FIGHT AGAINST FRAUDULENT AND SCAM ACTIVITIES:

All users of the blockchain should be prevented from engaging or upholding, as well as spreading fraudulent and scam related projects and activities. Users should also ensure to immediately report such suspicious and fraudulent activities for prompt actions to be taken to prevent damages.

9. EMPHASIS ON USER PRIVACY:

There should be a robust protection of user personal data and a system restricting unauthorized shares or misuse of user information.

10. REGULATIONS BY GOVERNMENT:

Government of all nations should embrace cryptocurrency as a form of exchange and develop institutions that will help in regulating malpractices and litigation of ethical violations by users.

11. EMBRACE INCLUSIVENESS OF CRYPTO IN ECONOMIES:

There should be an inclusion of crypto as a form of exchange and transactions in the economy of nations without limitations to Fiats, as such will help reduce monopolization of Fiats and exchanges by some few.

12. ENCOURAGEMENT OF OPEN-SOURCE INFORMATION AND COLLABORATION:

All users on the blockchain should support the sharing of information and knowledge about cryptocurrency and how to develop it for the benefit of everyone in the crypto world. Collaboration should be upheld too.

13. FOCUS ON ENVIRONMENTAL IMPACTS OF BLOCKCHAIN ACTIVITIES:

Great attention should be paid on the environmental impacts of mining activities on the blockchain and development of eco-friendly mining equipments should be provided to ensure energy-efficient solutions and protection of the ecosystem.

14. RESTRICTIONS ON SPREAD OF FALSE INFORMATION:

There should be avoidance on spread of false information on social media, newspapers and other platforms about blockchain users and activities.

Everyone should ensure responsibility in the use of the blockchain and engage in meaningful conversations.

15. UPHOLD LEGAL ACTIONS AND COMPLIANCES:

Legal actions should be taken against violators of the regulations on the ethical use of the blockchain in order to make them amenable to justice.

There must be compliances to all relevant laws and regulations in the jurisdictions where operations take place.

16. ENCOURAGEMENT OF INNOVATIONS ACCORDING TO ETHICS:

All users should embrace technological innovations that are in accordance with ethics. They should also be vigilant on the potential risks and impacts of such technological advancement.

17. FOSTER DUE PRACTICE:

All users on the blockchain and crypto should practice diligently and make thorough investigations and researches before engaging or promoting blockchain projects.

18. ACKNOWLEDGEMENT OF LONG-TERM USE OF THE BLOCKCHAIN:

Users of the blockchain or crypto should be encouraged to give much attention on the long term usage of the blockchain through their projects, and activities rather than focusing on short term benefits.

Those who participates for the long term should be acknowledged and rewarded.

19. PENALIZATION OF MARKET MANIPULATIONS:

Users should be restricted from the manipulation of the crypto market by engaging in activities that artificially inflate or deflate asset prices through insider trading or other means.

If anyone is caught in such activity, penalties and sanctions should be imposed on the user.