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@ISIDEWITHQuestionsTechnologicalStarted 2yrs agoActive 1wk ago

Should citizens be allowed to secure their money in self-hosted digital wallets that the government can monitor but not control?

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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Answer Overview

Response rates from 13.3k Ireland voters.

67%
Yes
33%
No
58%
Yes
32%
No
8%
Yes, and also allowed to use a privacy layer that prevents monitoring of funds and transactions
1%
No, and ban digital wallets that do not contain backdoor access for government agencies

Historical Support

Trend of support over time for each answer from 13.3k Ireland voters.

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Trend of how important this issue is for 13.3k Ireland voters.

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Other Popular Answers

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

 @9ZD5FTCanswered…1yr1Y

The government should only be able to monitor bank accounts/wallets once there’s confirmed suspicious transactions

 @BD5Z5GZfrom Connecticut  answered…1wk1W

the government should monitor and regulate self-hosted digital wallets in order to prevent money laundering

 @9ZVTW4Qanswered…1yr1Y

Government should not have the authority to monitor your money. People are earning the money not the Government, the Government needs an efficiency department and leave money with the people that earn it

 @9ZTB7LYanswered…1yr1Y

They should be allowed to store their money there but the government shouldnt be able to even monitor it

 @9ZG8PZLanswered…1yr1Y

They can secure their money but if there's significant movement of money they should be put under robust Anti Money laundering measures

 @9Z979SPanswered…1yr1Y

This question is somewhere in the annoying middle ground that frustrates me re: cryptocurrency because fine, it's not technically wrong to do this. I am however dubious of the lack of accountability baked into cryptocurrencies, and I do not trust anyone with a stake in maintaining any such wallet.

 @9ZH9YTTanswered…1yr1Y

The government should not be able to monitor it but you should be allowed to secure money in a self-hosted digital wallets

 @9ZGSPPYanswered…1yr1Y

The government even monitoring your money seems like you loose a bit of freedom with your own life very unsure about this question

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