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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@ISIDEWITH12mos12MO
Yes
@9MNT2RC12mos12MO
the more people use crypto currency, the more people that won't have money when it eventually crashes; plus some areas don't allow nor accept the use of cryptocurrency
@D3b4t3Bart8mos8MO
Cryptocurrencies indeed have risks, but traditional financial systems have their own history of crashes and recessions too. Take the 2008 financial crisis, for example, when the housing bubble burst and millions lost their savings. One could argue that cryptocurrencies offer a decentralized alternative that isn't tied to the same systemic risks.
@9TST8QDIndependent8mos8MO
Cryptocurrencies indeed have risks, but traditional financial systems have their own history of crashes and recessions too. Take the 2008 financial crisis, for example, when the housing bubble burst and millions lost their savings. One could argue that cryptocurrencies offer a decentralized alternative that isn't tied to the same systemic risks
@ISIDEWITH12mos12MO
No
@9MNT2RC12mos12MO
the more people use crypto currency, the more people that won't have money when it eventually crashes; plus some areas don't allow nor accept the use of cryptocurrency
@9YMQ58S6mos6MO
Prioritization of USDC (highly centralized and tracked) vs Tether(Centralized and tracked but not by USG entities)
@9YGFG8YLibertarian 6mos6MO
Coinbase is a publicy traded company and the most popular crypto exchange that will only grow exponentially. It is in their best interest of their business and their shareholders that they vet and screen crypto currencies before allowing them to be on their platform for users to purchase.
@9XY3C4D6mos6MO
The core principle behind many cryptocurrencies is decentralization and independence from government control. Subjecting cryptocurrencies to government screening and approval would go against this fundamental tenet. Proponents of cryptocurrencies often argue that they should be free from central authority oversight, as this allows for innovation, fair competition, and the ability for individuals to have more control over their own finances.
Additionally, government screening and approval processes can be slow, bureaucratic, and prone to bias or political influence. Requiring this for all new… Read more
@ISIDEWITH12mos12MO
Yes, and ban the use of crytocurrencies
@ISIDEWITH8mos8MO
Yes, the government should screen cryptocurrencies before circulation to ensure legitimate value and exchange rates
Unless the government has a legitimate reason to intervene stay out of the market. Stocks come with an inherent risk that you know whenever you invest
Cryptocurrencies are controlled by private businesses with the sole purpose of creating an alternative to a federally backed currency. Investors should do their due diligence and recognize there is risk with speculating in cryptocurrency, like the stock market.
@B4FSKSL1mo1MO
The government should hold the money gained from cryptocurrencies to the same standards and laws as income from other sources.
@B4F8MWDRepublican1mo1MO
I would say that this is a violation of privacy and should only be allowed if other businesses are put through the same thing.
@9MMCFYH12mos12MO
I don't have enough knowledge to establish an opinion.
No, but the government should screen cryptocurrencies before they circulate to ensure they have legitimate monetary value and an exchange rate
@9PY8Y48 10mos10MO
Yes, but underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy
@ISIDEWITH8mos8MO
Do you think digital currency can truly replace physical money in our everyday lives, and why?
no, its to wild and not backed by anything not even the popular consent like the USD
Yes because majority of Americans use electronic pay more often because it is more convenient.
@9TXYBCS8mos8MO
no it can not a dollor is a dollor curencey exhange rate is constantly changing
@9TX7X7KRepublican8mos8MO
No it cannot. Physical money will always be needed in soceity.
@9PR8T4CAmerican Solidarity11mos11MO
Regulation should only be done in the interest of consumer protection against predatory and scam businesses and practices
@9PLLKVF11mos11MO
No, but its markets and supply should be regulated to prevent severe adverse effects on the value of the US dollar as a currency
@Sco12345678Communist 6mos6MO
Yes, and underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy.
@9TD7JL58mos8MO
The government should regulate crypto exchanges and investments for fraud, but they should not tax cryptocurrency or realize it as an asset.
Yes, but only regarding the use of cryptocurrency for illicit purposes
the government should screen cryptocurrencies before circulation to ensure legitimate value and exchangerates, citizens should be allowed to protect their savings from reckless fiscal policies or subjugation and and underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy
@9VMPZXY7mos7MO
Yes, and implement common knowledge of crypto in primary schooling
@B4NW59R4wks4W
I feel like there should be some regulations but i wouldn't say there needs to be a complete control
@B23Q8MV5mos5MO
Yes, and citizens should be allowed to protect their savings from reckless fiscal policies or subjugation.
@9W3FGXC 7mos7MO
No, but ban it from being a compulserary form of currency to protect people's right to economic freedom.
@ISIDEWITH8mos8MO
Should the government have the power to control or regulate money that isn’t their own, like cryptocurrencies?
@ISIDEWITH8mos8MO
How do you feel about people who don’t have access to traditional banks using online money to save and spend?
@ISIDEWITH8mos8MO
If you could invest in a new form of money that wasn't controlled by any government, would you feel safe doing it?
@9TSW3TL8mos8MO
somewhat depending on who controls the company and how well was the currency built during the beginning
@9TSWCDHWomen’s Equality8mos8MO
I would say no cause then it might be really unorganized.
I am unconcerned with the "use" of cryptocurrencies, but very concerned with the strain on the electric grid, economy, and technology market caused by the "mining" of cryptocurrencies.
@B594RC94 days4D
It doesn’t really matter to me I don’t think there’s enough of a use of it for it to really have competition with the standard US dollar
@B56Z2WGIndependent7 days7D
There should be strict fraud punishments for cryptocurrency based scam artistry, much like stock market manipulation
@B56YP8C7 days7D
they should regulate crypto more to ensure people don't rugpull or scam and ensure they have a legitimate value
@B565QYV1wk1W
They should find a middle ground its not fair to harm the people who have less and that should not be allowed, instead they should focus on trying to eliminate the ways that criminals use it.
@B55WGPB1wk1W
No, but add the exception of security regulations of making sure that anyone who sells tokens of cryptocurrency is not artificially profiting from it.
privately managed cryptocurrencies should be considered a state approved legal tender for all debts public and private.
@B548M321wk1W
Yes, why should I invest in a money that technically isnt even real and physical and is just a bucnch of 1's ans 0's. Give me more paper money and coins
@B545KYK 1wk1W
Generally no, but proof-of-work cryptocurrencies should be monitored or more harshly regulated for their environmental expenditures/risk
@B52GDRS2wks2W
Cryptocurrencies themselves are a scam, and the reasons are very simple:
1. They are not a product spontaneously formed by human society; the creation of virtual currencies is driven by underlying propaganda.
2. There are infinite possible algorithms, each corresponding to a different cryptocurrency, making the very existence of such things absurd.
3. Cryptocurrencies are used in various criminal activities, and ordinary holders of virtual currencies often become victims of these crimes. For example, there are many cases where cryptocurrency exchanges themselves are criminal organizatio… Read more
No, cryptocurrencies with no utility are commodities and there for useless, even with utility it is better for people to learn that dumb investments lead to dumb returns. So, let the dumb people figure out they made a dumb trade.
@B4YVSY92wks2W
I don’t believe crypto is an issue of anything for me because I don’t use it and probably never will
@B4YVQGP2wks2W
If people want to use Crypto, that is their own choice. The government should not to anything about Crypto.
@B4W9DPN2wks2W
No. I believe that implementing stricter regulations on the use of cryptocurrencies would make it difficult for law abiding citizens to use crypto technology for payments, lending, borrowing and saving.
@B4VKL9R2wks2W
Yes, the government should regulate cryptocurrencies to prevent illegal activities like money laundering and fraud, ensuring market stability and protect consumers from volatile risks
@B4VBZQB2wks2W
Yes, I believe some regulation is necessary to protect consumers from scams, fraud, hacks, money laundering, terrorism financing, and drug trafficking while also ensuring financial stability. But it should be done carefully to avoid stifling innovation or violating the core values of decentralization and privacy.
@B4TG9CDProgressive 3wks3W
I would view it similar to the stock market (placing money into a larger system to transfer to a different form of currency)
@B4SRBBQ3wks3W
Cryptocurrency should simply not be legitimized, because it is not truly legitimate. Additionally, crypto mining facilities should be illegal. Buildings found to be involved should be removed from the people committing the crime, and all people involved should be sentenced to 720 hours minimum of volunteer work in our National Parks picking up trash and assisting with ecology rehabilitation projects.
I think both and I say yes because stricter regulations should be implemented and I think no because the regulations should not be stricter or should be minimal.
@B4RDJF33wks3W
Yes, but only to make the ledger publicly visible so proven criminal transfers may be reversed. However, it should always remain anonymous as a transfer.
@B4RCNZPRepublican3wks3W
Yes, stricter regulations should be put in place, but provide an equal opportunity for people to get cryptocurreny.
@B4QFGQ73wks3W
Citizens should be free to spend their money on cryptocurrencies regardless of personal consequences. Any income or loss generated should still be regulated and subject to taxation
@B4Q6F7K3wks3W
The government will impose regulations on cryptocurrency because it has finally realized they are opportunities and not risks.
@B4Q5L8C3wks3W
Yes. Keep it largely free, but allow investigation into cryptocurrency fraud and abuse, and all cryptocurrency wealth should be regulated over a certain threshold of wealth obtained.
@B4Q3W2H3wks3W
Cryptocurrency was created to defy the laws of government. It was created to avoid the gross amount of taxes imposed by most liberally run governments around the world.
@B4PQL8R3wks3W
All should be able to use crypto currency including under the age of 18 if you can use regular money but it should be watched very little by the fed gov to make sure no scams etc.
@B4P36GC4wks4W
I think there are many risks, so there should be more regulation. However, I don't think this necessarily comes from the government.
@B4N8FKM4wks4W
First off - Why is a Crypto needed? It needs close oversight, because it is a 'Security' that secured by NOTHING, but a 'Desire & Hope'. The Government needs to treat Every Crypto Exchange as if it is being run by Sam Bankman-Fried!!!
@B4MK5B94wks4W
I think there is a lot of room for error. I need more information. However, I do think that cryptocurrencies should have a lot of protections and back ups in case anything happens.
@B4LHP73Republican4wks4W
Neither but some we are still learning about this and what I can do so that way we can adapt to what is going to happen in the future.
@9ZTQW4V 4wks4W
Yes, the government should implement stricter regulations to ensure transparency, consumer protection, and prevent criminal misuse — while allowing responsible innovation to continue.
@B4KDK3BIndependent4wks4W
Cryptocurrencies operating as securities should be regulated as securities, cryptocurrencies in general do not need to be regulated.
Some regulations should be had to ensure true trade value but also allow for equal banking opportunities regarding crypto
@B4JS9KJ1mo1MO
Yes, crypto should be subject to similar securities regulation to protect the traditional widows and orphans from being scammed or "rug-pulled" by crypto creators.
@B4HRSZS1mo1MO
There should be regulations to protect/deter criminal use but not so strict that a it hinders financial opportunities from those denied of access or unable to afford traditional banking
@B4HHT5H1mo1MO
Cryptocurrencies are a scam, and ninety-percent of people using them are morons, but there is a small amount of people who use them mainly just for fun. If someone gets scammed by crypto, it's their own fault. It is the most obvious scam in the world.
I think yes its important to have rules and regulations. there will be people who abuse this privilege no matter the outcome. but with that being said, and underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy
Should focus on protecting consumers from fraud and scam and preventing cryptocurrencies for illegal activities.
@B4GDP6L1mo1MO
No, but marketing of cryptocurrencies should be heavily scrutinized, and fraudulent claims should be punisked.
@B4G548TLibertarian1mo1MO
It is entirely up to citizens to determine if a cryptocurrency is a pump and dump or other form of scam. however we should also spread awareness on the rise of crypto scams
@B4FK79K1mo1MO
Yes, the government should seize all cryptocurrency mining operations and create a nationalized cryptocurrency.
@B4DQ8WH1mo1MO
I think widespread use of crypto would help the economic state of the nation due to the fact that the U.S. dollar is losing value very fast as seen when trump wanted to destroy all pennies
@B4DJ4SZ1mo1MO
Yes, the government should monitor who is buying and selling cryptocurrencies to prevent their use in organized crime.
@B4D7N371mo1MO
Regulators should mandate that the product intended for the public is given to them for preliminary testing, and experimental studies may be done on the product directly by regulators to determine whether or not the product is fit for consumption.
@B4C6KD31mo1MO
yes, but we should work to further provide underprivileged citizens with better financial opportunities and services with traditional banks
@B49Z79P1mo1MO
Yes, but in the form of politicians who are in high positions, like the President of the United States. Should not have their own cryptocurrencies that they have majority control over. This can create conflicts of interest and potentially create a way for bribes to be more easily hidden.
@B49SM461mo1MO
No, it is the citizens choice whether they want to use that type of currency or not but there definitely should be more safety precautions on it they just should not be put there by the government
@B49NSTR1mo1MO
This question doesn’t make sense because there isn’t even a proper regulation set-up. Decentralization is key for cryptocurrency value, and the regulation should properly respect that. For example, the treasury mining and owning contracts.
@B48QB9K1mo1MO
I feel like in some circumstances they should because they've made it way too easy to send money to people or hack into peoples banking websites online.
@B48B36G1mo1MO
The best approach may depend on balancing innovation with risk management. Some advocate for smart regulation—clear rules that protect users without crushing the industry.
@B485BN31mo1MO
Yes, the government should implement smart regulations focused on stopping scams, protecting consumers, and preventing illegal use — but without banning crypto or stifling innovation.
@B47X47X1mo1MO
Yes, I strongly agree with this one, I know people who have lost all of their money to crypto currencies.
@B46BF9J2mos2MO
The government should screen cryptocurrencies to ensure legitimate value, but it should not cost the citizen and underprivileged citizens should be allowed access that they may not recieve from a traditional bank.
@B45Y2S92mos2MO
Yes, they need to be regulated until the masses are educated enough on the risks of decentralized currency
@B45H84X2mos2MO
people who engage with cryptocurrencies are stupid or corrupt, so that would never work because they're most likely also involved with the government
@B43SY732mos2MO
Yes, anyone caught using cryptocurrency to purchase or sell illegal CSAM or sexual content involving children should be executed.
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