Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Bitcoins are stored in a digital wallet, which is like a virtual bank account that allows users to send or receive bitcoins and pay for goods or services. Bitcoin is anonymous, meaning that, while transactions are recorded in a public log, the names of buyers and sellers are never revealed.
25% Yes |
75% No |
20% Yes |
64% No |
4% Yes, but it should not replace our national treasury-backed currency |
5% No, classify it as a commodity |
0% Yes, and all countries should switch to a blockchain currency like Bitcoin |
4% No, it provides too high of risk for criminal activity |
2% No, and it has no intrinsic value |
See how support for each position on “Bitcoin” has changed over time for 43.6k New Zealand voters.
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See how importance of “Bitcoin” has changed over time for 43.6k New Zealand voters.
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Unique answers from New Zealand users whose views extended beyond the provided choices.
@8HS6NJS4yrs4Y
Only if all other anglophone countries are doing it, I suggest we wait
@8G9WCL94yrs4Y
Yes, and educate people about cryptocurrency
@8G3VSM64yrs4Y
No, the Bitcoin industry is contributing towards climate change by consuming excessive amounts of power from local grids, forcing increased production of power
@8DQPT7Z4yrs4Y
no it has no intrinsic value and more importantly requires vast amounts of energy to keep alive and rare earth metals for the computer servers to maintain it - when there is no electricity there is no bit coin
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