Self-hosted digital wallets are personal, user-managed storage solutions for digital currencies like Bitcoin, which provide individuals with control over their funds without relying on third-party institutions. Monitoring refers to the government having the capability to oversee transactions without the ability to directly control or interfere with the funds. Proponents argue that it ensures personal financial freedom and security while allowing the government to monitor for illegal activities such as money laundering and terrorism financing. Opponents argue that even monitoring infringes on privacy rights and that self-hosted wallets should remain completely private and free from government oversight.
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These active users have achieved advanced knowledge of the terminology, history, and legal implications regarding the topic of Self Hosted Digital Wallets
These active users have achieved an understanding of common concepts and the history regarding the topic of Self Hosted Digital Wallets
@9N8ZP5W1yr1Y
Citizens should be allowed to secure their money in self-hosted digital wallets that the government can NOT monitor.
@8TB798W 1yr1Y
Yes, citizens should be allowed to secure their money in self-hosted digital wallets but the government should not be able to monitor or control it without a warrant.
@9Q6QQJ312mos12MO
No, the people and the church should rule everything. The church will be ultra compassionate and ultra left wing, while the people make sure what is best for them happens.
@5JXWDQ5Libertarian9mos9MO
Informed Self Hosted Digital Wallets
Relying on the church to be ultra-compassionate and left-wing while also assuming that the people will always make what's best for them happen overlooks a critical issue: power dynamics. Take, for instance, the medieval era when the church held significant power. Despite intentions of compassion, corruption was rampant, and the people's needs were often sidelined. If absolute power corrupts absolutely, wouldn't it be risky to entrust both religious and secular control to a single entity? How would you ensure that the people's voice remains heard without checks and balances?
@9NJY9NF1yr1Y
Yes, but only if the government has backdoor access in order to freeze the funds of criminals (with such action requiring a warrant).
@KnowledgeMothLibertarian9mos9MO
Informed Self Hosted Digital Wallets
Backdoor access for the government sounds good in theory, but it opens the door to abuse and overreach. Look at the Snowden revelations; government agencies have been known to overstep boundaries when given a little too much power. Would you really trust any government to wield such access responsibly and without error?
@9C68D5W9mos9MO
Now, I am not an expert on cryptocurrencies, but isn't the nature of a blockchain that all transactions are stored onto it. So you can just check the chains to determine all the transactions performed by those using it. So isn't this more a question of if the government should be allowed to know which user data belongs to which person? Please correct me if I've gotten something wrong here
@79RJDNT9mos9MO
Expert Self Hosted Digital Wallets
Some politicians, like Brad Sherman, are arguing that citizens should not be allowed to secure their money in ways that prevent the government from confiscating it.
@9Q6Q2L8Libertarian12mos12MO
No, citizens should be allowed to secure their money in self-hosted digital wallets that the government can neither monitor nor control
@9NC7W5K1yr1Y
Citizens should be allowed to secure their money in a self-hosted digital wallet that the government cannot monitor or control
@3YMHFXW 11mos11MO
Yes, but ban backdoor access. The government does not need to see into the private lives of private citizens.
@9NF5V4X1yr1Y
Yes, but the government should not be allowed to monitor or control the wallet without a court order
@9NDZ9951yr1Y
Digital wallets should be privately owned and managed without government control, however it could be a good idea to have some type of fail safe to help reduce the changes of cyber terrorists
@9PQW8D5Republican12mos12MO
Yeah but that the government shouldn't inspect it, unless a fraud or any illegal or suspecting activities.
the government should not be able to monitor or control citizens' money at any time, as long as there are black ops programs with unlimited funds and no oversight.
@9NGWSS41yr1Y
Citizens should be allowed to secure money in self-hosted digital wallets that the government can not monitor nor control.
@9R7HJ6S11mos11MO
All transactions between parties should be taxed to assure the value of the currency annd the legality of the transaction.
@JealousShads9mos9MO
Taxing every transaction could stifle small peer-to-peer exchanges, like lending a friend money for lunch or selling a used item online. Imagine charging tax on every little favor between friends! Instead, what if we focused on larger transactions to ensure fairness and efficiency?
@ISIDEWITH9mos9MO
In the fight against illegal activities, where should we draw the line between surveillance and privacy?
@9TPFTVT9mos9MO
survivance in medium public settings should be required. we should draw the line for housing, no security inside housing. otherwise, according to the condition of the country, there should be security everywhere else.
@9TPFMJP9mos9MO
Purpose and Necessity: Surveillance should be justified by clear, specific goals related to preventing or addressing illegal activities, such as money laundering or terrorist financing. It should not be overly broad or intrusive beyond what is necessary to achieve these goals.
@9SZ2ZW410mos10MO
Yes, they should be allowed to secure their money in self-hosted digital wallets. No, the government should not be able to monitor or control the money.
@9NBM7CLLibertarian1yr1Y
YES, Governments should have no more monitoring & control over my digital wallet than it has over my billfold: zero. 4A
@LennenMad 11mos11MO
Yes, but possibly should be limited to a certain threshold of balance, transactions, or transaction amount.
@B5GFYY61mo1MO
People should be able to have digital wallets but the government should not be able to monitor them.
I simply am unsure how to feel about this issue I believe if the government were to monitor and not control the transactions that can be okay to a certain extent, I believe the monitoring should be very minor and not in privacy such as analyzing transactions too closely to where it disturbs a citizens privacy. If there is a big flag raised when monitoring the transactions that is when analyzing transactions can be okay...I also feel I am not educated enough to know how to feel about this subject.
@B5BWTLS1mo1MO
Yes, unless if the money secured was laundered or illicitly obtained, then the government must be granted reserve rights to a backdoor access
@B4ZG5WQ2mos2MO
I'd rather have physical cash than digital money. However in this case I think citizens should have secure banking.
@B4S4QRZ2mos2MO
Yes, but the government should not monitor these digital wallets absent probable cause and a warrant or warrant exception.
@B4NWD422mos2MO
No, geoengineering is somewhat pseudoscientific, ignores the necessity of climate action, is paramount to climate destruction on a massive scale, and will likely end with mass starvations
@B4M88N82mos2MO
Yes but have a pyramid like department where only a few have access to many things and the lower your job is the less you have access to.
@B4KLCSB2mos2MO
the government can monitor them to ensure they aren't being used in trafficking and other illegal activities but they can't shut the persons account
@B4JZ8KC2mos2MO
I don't think the g0v should monitor what civilians do without an explicit, legal, and logical reason.
@B4FNL7M3mos3MO
complex issue; while privacy is important, there also needs to be a balance with preventing illicit activities; government monitoring with strict oversight might be acceptable, but not direct contro
@B4FBB9G3mos3MO
I genuinely think the government does not need to know about personal finances, but I do think business finances need to be tracked.
@9FZPSHS 3mos3MO
Yes, but the government should have no ability to monitor it except in cases in which there is tangible evidence of potential fraud or wrongdoing
@B4BK4TW3mos3MO
Yes, the government doesn't need to know how much you have in your digital wallet for crypto currency. That is non of the governments business. The only time the government should a person's digital wallet is if they are suspected of serious crime or terrorist action, that can be provide to a court with sufficient evidence to obtain a warrant to monitor that digital wallet to prevent terrorist attacks, drug trafficking or human trafficking.
@B49ZKFT3mos3MO
Yes and also allowed to use a privacy layer but if they are suspected of a horrible crime the police can look into it
@B49KY9Z3mos3MO
They should be allowed wallets, but without the monitoring or interference of the Government or any other entities.
@B48ZGNN3mos3MO
Since currency is government property, the monitoring of movement should be allowed, but the purpose of personal spending should not.
@B3ZYM5D3mos3MO
Yes! 1.That simple right guards capitalism, freedom, weak government, checks and balances, and federalism 2.It helps preserve Law and Order and National Security
@B3Z8CYW3mos3MO
Allow citizens to do this, and only allow the government to monitor and take action if these accounts and wallets are deemed suspicious or criminal by the owners of the wallets.
@B3XQCNCConstitution3mos3MO
Yes, but the government shall first alert the citizens about any potential cyber attacks to their digital money, then get consent from citizens
@B3PVLXY4mos4MO
Yes, but it should be similar to a bank account, it can only be monitored if a warrant is provided to the individual.
@B3MQPWQ4mos4MO
No, the wallets could be a good monetary evolution to the dollar, however this level of government oversight is concerning for some
@B3H5CYG4mos4MO
I believe its okay but I don't think its okay for the government to take a look at their money and see how much they have
@B3CGNS2Republican4mos4MO
No, but the government should have some way to access financial records in case of criminal activity.
@B37RF6F4mos4MO
Citizens should be aloud to secure their money in self hosted digital wallets that the government cannot monitor and cannot control
@B36VVPS4mos4MO
No, the government doesn't need to monitor their account but yes to being allowed to secure their money In self hosted digital wallets
@B35C8WL4mos4MO
Should Canadian government prime minister excuses by prevented the agencies is on Thier hands transactions reports issued by french president revolution who based on professional records
@B34KXHZ4mos4MO
Yes and No, they should be allowed to use a privacy layer that prevents monitoring of funds and transactions but if the government has sufficient proofs that funds are being used illegally then they should be able to further monitor and access those accounts
@B2W7KPW4mos4MO
Yes, but the government should be allowed to gain a warrant to search everything to do with the account to reasonable suspicion is found
@B2SR4VD5mos5MO
citizens should be allowed to secure their money however and wherever they want with no government monitoring or control.
@B2RL2GN5mos5MO
Citizens should be allowed to hold their money in digital wallets without the government monitoring them
@B2QCMYW5mos5MO
No, citizens should be able to own their own digital wallets without government monitoring. The NSA and IRS can stick it where the sun don't shine.
@B2PMTB45mos5MO
People should be allowed to secure their money in digital wallets, but without govt monitoring. Money Launderers will find a way to avoid taxes no matter the level of govt "monitoring". Law abiding citizens need a digital way to store money but without govt interference. Otherwise they will just keep cash or gold in a mattress which is an inconvenient form.
@B2KSJBF5mos5MO
Yes, but if the wallet cannot be regulated, then the wallet is not privy to the same protections as bank accounts.
@B2KKVBK5mos5MO
Deregulation of money through cryptocurrency and other volatile means is inherently unstable and should not be allowed. A country has a standardized currency for a reason, and if it cannot control the value of it to keep inflation in check, then it cannot protect the economic safety of its people.
@B2JJYFDRepublican5mos5MO
The government should not have a way to see where our money goes but they also need to make sure your not funding terrorist.
@B2GPGNC5mos5MO
Yes, but only if they are planning to use their digital wallets for essential and non-suspicious stuff.
@B2GCZXPRepublican5mos5MO
yes, but without the government being able to monitor it because if they can monitor it then they can control it.
@B294R2BIndependent6mos6MO
I don't like the idea of the government knowing about my financial portfolio, but I also don't want criminals hiding their money.
@9ZQSCYW 6mos6MO
Yes, but citizens should also be allowed to secure their money in digital wallets that cannot be monitored by the government.
@B259LFG6mos6MO
No the government should not be allowed to monitor but citizens should be able to have these wallets
@B24ZD626mos6MO
No, because even if governments did have access to monitor it, if they do not have control of it, why would they want to monitor it? They can't do anything about it at that point.
@9ZZ6QTB7mos7MO
yes but the government should not be able to monitor private citizens accounts without probable cause and a warrant.
personal digital wallets should be allowed but the choice of whether it can be monitored by the Gov't should be to the owner
@9ZV8Y9R7mos7MO
Yes, but ensure that citizens are aware are explicitly disclosed that their funds and transactions are monitored
@JcawolfsonGreen 7mos7MO
Yes, and also allowed to use a legally protected privacy layer that prevents unwarranted monitoring of funds and transactions
Citizens should be allowed to secure their money in digital wallets but the government should not monitor or control their activities
@9ZPBS967mos7MO
I think if you make it you can do whatever you want with that money and nobody should be peeking around your stuff. There's cash too, I prefer to just use cash.
@9ZNYLL7Republican7mos7MO
I think citizens should be allowed to secure their money in self hosted digital wallets but its not the governments business
@9ZHNTSX7mos7MO
Should be able to secure their money in self-hosted digital wallets that the government can not monitor or control without a warrant.
@9ZF56YD7mos7MO
The government should not be able to access any digital wallets it’s a violation of privacy unless it’s for banks to see fraud
@9ZCNGLR7mos7MO
Yes, allow a digital wallet but make the government monitoring a yes or no option for the account holder.
@9ZC3ZHCIndependent7mos7MO
I think they should be allowed to keep this currency as digital assets - non-real, until they cash it out for something more. Just like how items may be bought in video games, to sell it back for a profit should incur something akin to a normal transaction. Treat it like beanie babies.
@9ZB9M688mos8MO
Yes but only to those of large importance including the president, vice president, military workers, etc.
@9ZB2P2F8mos8MO
No, the government has no right to infringe on my freedom or finances. Monitoring leads to the control of those things.
@9Z9WJDX8mos8MO
No, the government should not be able too see or control digital wallets, unless if the government has .resizable suspicion on the target.
@9Z9MDFL8mos8MO
i believe citizens should use digital wallets but I wouldn't allow for the government to watch over my currency use, as I feel like this would be being watched by my parents, so I rather have my own privacy when having my own money.
@9Z6V3GV8mos8MO
I think that it is weird that the government would want to look at a persons perosanl savings or funds.
@9Z4F9VCRepublican8mos8MO
I think Wallet should be like bank accounts. The government should keep their nose out of my account balance balance, And spending.
@9YNQX8R8mos8MO
I need to be more educated on this. I don't think the govt should see any of my bank accounts. F that
@9YNQ7FY8mos8MO
Yes, people should be allowed to secure their money in self-hosted digital wallets but the government shouldn't be able to monitor their money unless they have a good reason.
@9YNMPSN 8mos8MO
The gov should not monitor anything i do. I should have complete privacy. I think we should use gold backs as the new US currancy. I don’t like digital currancy
@9YNJLKN8mos8MO
Citizens should do what they want with their money and the government should not be allowed to monitor nor control.
@9YNH5J7Independent8mos8MO
At this time, I think that digital wallets should be remain private and uncontrollable from the government - I'm pro decentralisation ifd the system is built for it
@9YNGQYL8mos8MO
I believe citizens should be allowed to have self-hosted digital wallets, but the government should not be allowed to monitor it or control it.
Yes, but I don't think the government should monitor because it's your money also why would they want to monitor the money.
@9YMV6638mos8MO
Citizens should be allowed to secure their money however they see fit and the government should not have access without a warrant aside from taxation
@9YMQHTX8mos8MO
it depends on the person i feel like people truly cant be trusted entirely so in person banking is better then digital wallets
@9YMPK6CRepublican8mos8MO
No, people should be allowed to have one debit card registered with their bank, and up to three credit cards.
@9YMLRC7Independent8mos8MO
Yes, and allow the use of a privacy layer with the exception of being under a criminal investigation.
@9YM9SB68mos8MO
Yes, but only if the money is connected to a physical bank account and don't allow overdrawing meaning if you don't have the money your purchase declines.
@9YM45QHIndependent8mos8MO
Yes citizens should be allowed to secure their money in digital wallets, but no the government should not be able to monitor or control it
@9YLYYWG8mos8MO
Yes, but limit the government's access to the wallet. So the government is only allowed to see big deposits or transactions
@9YL7GWK8mos8MO
Yes, but I swear to god if multi-millionaires use this as another method to avoid taxation, I will single-handedly explode them.
@9YKLBMQ8mos8MO
I feel that the government shouldn't have control over people's money, but that they should make sure it's not for illegal purposes.
@9YK9Q9WLibertarian8mos8MO
government shouldn't be monitoring the money people work hard for, people go through enough working for the government trying to make a living, governmnet don't have to be knowing of how we handle our money
@9YK3HRD8mos8MO
Just don't let people to be able to add money that they do not have without questions and ensuring that they can pay it back.
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