@ISIDEWITHQuestionseconomy3yrs 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 447 Dublin voters.

29%
Yes
71%
No
25%
Yes
60%
No
4%
Yes, but only for cryptocurrencies that hold stable value without price fluctuation
9%
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

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Other Popular Answers

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

 @96K8N86answered…2yrs2Y

No, crypto is too damaging to the environment for the government to support

 @8YLXLQPanswered…3yrs3Y

cryptocurrencies could lead us into recession so I would say no to classify cryptocurrencies as legal forms of payment

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