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.
Statistics are shown for this demographic
Response rates from 250 Clonliff South voters.
64% Yes |
36% No |
58% Yes |
35% No |
6% 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 |
Trend of support over time for each answer from 250 Clonliff South voters.
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Trend of how important this issue is for 250 Clonliff South voters.
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Unique answers from Clonliff South voters whose views went beyond the provided options.
@9ZD5FTC2wks2W
The government should only be able to monitor bank accounts/wallets once there’s confirmed suspicious transactions
@9ZH9YTT1wk1W
The government should not be able to monitor it but you should be allowed to secure money in a self-hosted digital wallets
@9ZGSPPY1wk1W
The government even monitoring your money seems like you loose a bit of freedom with your own life very unsure about this question
@9ZG8PZL2wks2W
They can secure their money but if there's significant movement of money they should be put under robust Anti Money laundering measures
@9Z979SP2wks2W
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.
@9N8W92L6mos6MO
Only in the case of a number of suspicious transactions. Limited access but access only to banks who can only see the frequency
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