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@ISIDEWITHQuestionsTechnologicalStarted 2yrs agoActive 2wks ago

Should the government implement stricter regulations on the use of cryptocurrencies?

Crypto technology offers tools like payment, lending, borrowing, and saving to anyone with an internet connection. Proponents argue that stricter regulations would deter criminal use. Opponents argue that stricter crypto regulation would limit financial opportunities to citizens that are denied access to or can't afford the fees associated with traditional banking.

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Answer Overview

Response rates from 2.7k Auckland Central voters.

47%
Yes
53%
No
41%
Yes
47%
No
5%
Yes, the government should screen cryptocurrencies before circulation to ensure legitimate value and exchange rates
4%
No, and underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy
1%
Yes, and ban the use of crytocurrencies
3%
No, and citizens should be allowed to protect their savings from reckless fiscal policies or subjugation

Historical Support

Trend of support over time for each answer from 2.7k Auckland Central voters.

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Historical Importance

Trend of how important this issue is for 2.7k Auckland Central voters.

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Other Popular Answers

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

 @BD2Y4JRanswered…2wks2W

No. How do you regulate something designed to be transparent but also extremely hard to monitor ownership?

 @BCY4SNYanswered…3wks3W

Maybe just have stricter regulations to prevent criminal use.

 @9NRQTJLanswered…2yrs2Y

Yes, I would treat them like an in-game currency and ban them from being used as legal tender

 @9P5ZW5Yanswered…2yrs2Y

As long as the policies in question prevent the use of crypto-mining and other common crypto scams

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