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 @ISIDEWITHDiscuss this answer...2yrs2Y

No

 @9FT9THZ from Ohio agreed…6mos6MO

Cryptocurrency has an annual volatility rate of 81 percent and a daily average change of 4%, which means that there's no predicting when your money will actually be worth anything. Not to mention that if the government took it as an accepted currency, they would have to control most of the supply to be able to keep its worth and not take on massive losses from it.

 @ISIDEWITHDiscuss this answer...2yrs2Y

Yes

 @9FT9THZ from Ohio disagreed…6mos6MO

Cryptocurrency is a plague on society. You can't just make up a bunch of fake money to put stock behind, and it's way too volatile, it can change in an instant, way worse than even the stock market. We need to go back to the gold standard, where every single dollar is backed by gold. Back then, our money was actually worth something.

 @MinorityWhipSeafowlfrom New Mexico commented…6mos6MO

You seem like you would instantly become one of the biggest advocates for decentralized protocols (crypto) if you just spent 1hr researching a couple utility token projects.

 @GovernanceGlobeIndependent from Pennsylvania agreed…9mos9MO

By offering a decentralized alternative to traditional banking systems, countries like Venezuela which have massive hyperinflation, have become a lifeline for citizens by still allowing them to participate in global commerce and preserve their wealth. Enabling legal use of cryptocurrencies would democratize financial systems.

 @JourneyToCapitolLibertarian from Georgia agreed…9mos9MO

Absolutely, do you want full control and autonomy over your money and assets, or do you want to entrust them to tainted and corrupt bankers? That's why cryptocurrencies are a financial revolution.

 @9H3Q24ZRepublicanfrom Maine disagreed…4mos4MO

The government should not allow non-government currencies to become widely used. It would be detrimental to many different markets where government step-ins are essential

 @ISIDEWITHDiscuss this answer...2yrs2Y

No, classify cryptocurrencies as unregulated commodities

 @9GX6YPV from Tennessee disagreed…5mos5MO

Agree, at this time I am distrustful of governments ability to regulate cryptocurrencies for the benefit of the people. Allow The People to use this area for their personnel enrichment at their own risk.

 @SenateSynergistGreen from Oregon agreed…9mos9MO

Cryptocurrencies as unregulated commodities could pave the way for greater financial equality. For instance, they can potentially disrupt the traditional banking system and provide financial services to the unbanked or underbanked populations globally. Allowing these individuals to participate in economic activities could lead to more equitable wealth distribution.

 @ISIDEWITHDiscuss this answer...2yrs2Y

Yes, but only for cryptocurrencies that hold stable value without price fluctuation

 @9HQ2YQW from Kentucky disagreed…3mos3MO

You don’t know if you are being hacked by using cryptocurrencies so it would be nonsense to use them

 @9FTTN2YRepublican from Mississippi disagreed…6mos6MO

I agree if they have stable value. But those that fluctuate and drastically lose value should not be used as currency

 @ISIDEWITHDiscuss this answer...2yrs2Y

No, but the government should create an official digital currency

 @ISIDEWITHDiscuss this answer...2yrs2Y

No, classify cryptocurrencies as highly regulated securities

 @VotingViceroyfrom Minnesota disagreed…9mos9MO

Regulating them as securities would exclude a significant portion of the population from participating in the market. For instance, the process of obtaining securities often requires a certain level of wealth and financial literacy, which not everyone possesses.

Cryptocurrencies, on the other hand, were designed to be decentralized and accessible to everyone, regardless of their socio-economic status. So, classifying them as securities could be seen as a move towards greater financial inequality.

Regulating them as securities seems to primarily serve the interests of large financial institutions like Goldman Sachs, limiting access to anyone who isn't affluent. This could perpetuate a system where the rich have more financial opportunities than the less privileged.

 @988C9KWSocialist from New York answered…1yr1Y

No, classify them as a Ponzi scheme(pyramid scheme), and take criminal action against those who promote them.

 @azure_azizPeace and Freedom from Wisconsin disagreed…9mos9MO

A majority of crypto projects actually have real world utility. If the project's only goal is to be a "currency" then yeah thats probably a red flag that it may be a scam. Cryptocurrency was probably not a good name to choose considering that the goal of most of the projects is to be a decentralized service, like the internet, that is not owned or controlled by anyone. You just trust it to work like code and not subject to the human nature of corruption and greed.

Here's some categories that are trying to bring decentralization to real world services (im not going to name…  Read more

  @ChaseOliver  from South Carolina answered…3mos3MO

Sellers and consumers should be able to determine which methods of payment best suit their transactional needs.

  @charlie3sticks from Guam answered…2mos2MO

No for the very simple reason that cryptocurrency, and all non-state back currency will always be outside of the sphere of monetary policy. You can pay your shady drug dealer in apples or whatever tickles his fancy, but this is jargon to try and create a foundational structure with the end goal being the degradation and acceptance of this criminal enterprise.

 @9HTWRKY from Minnesota answered…3mos3MO

Governments are not allowed to classified Cryptocurrencies as legal forms payment, as they will restrict or watch what others do anonymously online with their payments, away from prying eyes from the government.

 @9HTDCH4 from Minnesota answered…3mos3MO

government creates an official digital currency, and you can transfer your other currency to this one but cannot transfer it back if the other one goes back up in price and you can use it as a legal form of payment.

 @9H6NY8F from Indiana answered…4mos4MO

I don't understand cryptocurrencies, but if it's a way for the rich to get richer, then yes it should be added in so that it can be taxed

 @9H4XF62 from Arizona answered…4mos4MO

I don't even care, but if its worth money than sure. Buissnesses shouldn't be required to accept it though.

 @9GX62WVDemocrat from North Carolina answered…5mos5MO

No, but since online currency is inevitable, the government should create an official well-regulated and stable digital currency

 @9GVLHLN from Idaho answered…5mos5MO

No. While they are easily trackable by the government, they aren't by the person. If cryptocurrency is made a legit currency, it will be very hard for the owner of their currency to protect

 @9GSNTHHIndependent from North Carolina answered…5mos5MO

Cryptocurrencies are pyramid schemes that have subjective value assigned. They are highly speculative and therefore have no play as legal tender.

 @9FR2KGHRepublicanfrom Pennsylvania answered…6mos6MO

Yes and it is not the government's place to allow or disallow forms of payment among private parties

 @9FLC2KB from Indiana answered…6mos6MO

 @9FKGKYVLibertarian from Iowa answered…6mos6MO

 @9FBSXB3Workers from Washington answered…7mos7MO

I think the government should not be involved in Crypto but shouldn’t have restrictions on Crypto but also should have it be free to be a currency

 @9F9Z26P from California answered…7mos7MO

 @9F7SNL5 from California answered…7mos7MO

Government shouldn't be allowed to decide what forms of payment are "legal"

 @9F6B428 from Texas answered…7mos7MO

The Government should not accept it as legal forms of payment for taxes, and government funds, but should not ban it for casual consumer transactions

 @9F3393D from Georgia answered…7mos7MO

 @9DYW6TQ from Illinois answered…7mos7MO

 @99K9HSZ from Connecticut answered…1yr1Y

No and recognize cryptocurrency's role in organized crime and exploitation.

 @99G5GNZIndependent from Oregon answered…1yr1Y

 @99GB5LC from Minnesota answered…1yr1Y

 @99FMMCP from Virginia answered…1yr1Y

No, it should not be up to the government to dictate what form of payment a private company will accept.

 @99FL4V4 from Texas answered…1yr1Y

 @999DD46 from North Carolina answered…1yr1Y

 @98Z4HN2 from Missouri answered…1yr1Y

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