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.
39% Yes |
61% No |
31% Yes |
51% No |
7% Yes, but only for cryptocurrencies that hold stable value without price fluctuation |
6% No, classify cryptocurrencies as unregulated commodities |
3% No, but the government should create an official digital currency |
|
1% No, classify cryptocurrencies as highly regulated securities |
See how support for each position on “Cryptocurrency” has changed over time for 10.8k America voters.
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See how importance of “Cryptocurrency” has changed over time for 10.8k America voters.
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Unique answers from America users whose views extended beyond the provided choices.
@988C9KW1yr1Y
No, classify them as a Ponzi scheme(pyramid scheme), and take criminal action against those who promote them.
@99T45NQ1yr1Y
Yes, but only well established coins
@9MDD3XT1wk1W
It depends on the stability and popularity of the cryptocurrency, and what it stakes, sponsors, or verifies (or industry it is tied to/creates for)
@9GVLHLN6mos6MO
No. While they are easily trackable by the government, they aren't by the person. If cryptocurrency is made a legit currency, it will be very hard for the owner of their currency to protect
@9GSNTHH6mos6MO
Cryptocurrencies are pyramid schemes that have subjective value assigned. They are highly speculative and therefore have no play as legal tender.
@9LTT5643wks3W
Yes, however, this should be restricted to only private transactions between businesses, forbid or heavily regulate using bitcoin or other cryptocurrencies to pay loans, federally incurred expenses, (Medicare, Medicaid, etc), and other certain expenses that cannot be feasibly paid for using cryptocurrency, but allow consumers to determine their current value before performing an exchange and receiving legal tender as a workaround.
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