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@ISIDEWITHQuestionsEconomy5yrs ago

Should the government classify cryptocurrencies as legal forms of payment?

Cryptocurrencies are a collection of binary data which is designed to work as a medium of exchange wherein individual coin ownership records are stored on a public ledger using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of ownership.

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Answer Overview

Response rates from 233 Auckland Central voters.

24%
Yes
76%
No
18%
Yes
71%
No
6%
Yes, but only for cryptocurrencies that hold stable value without price fluctuation
2%
No, classify cryptocurrencies as unregulated commodities
2%
No, classify cryptocurrencies as highly regulated securities
1%
No, but the government should create an official digital currency

Historical Support

Trend of support over time for each answer from 233 Auckland Central voters.

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Historical Importance

Trend of how important this issue is for 233 Auckland Central voters.

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Other Popular Answers

Unique answers from Auckland Central voters whose views went beyond the provided options.

 @9FH3H8J answered…3yrs3Y

It's irrelevant what the government thinks.

 @9F99ZFBanswered…3yrs3Y

Yes. If you want to spend your time mining cryptocurrencies then so be it, But they should pay way more GST on everything you can buy. the 1 regular dollar is worth say 10% more than cryptocurrencies as it is free money so long as you put in the time and electricity

 @96CMW2Fanswered…4yrs4Y

No, and the government should treat all transactions conducted in cryptocurrencies as suspicious of illegal activity

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