@ISIDEWITHQuestionseconomyStarted 3yrs agoActive 2mos 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 1.8k California voters.

41%
Yes
59%
No
33%
Yes
51%
No
8%
Yes, but only for cryptocurrencies that hold stable value without price fluctuation
5%
No, classify cryptocurrencies as unregulated commodities
2%
No, but the government should create an official digital currency
1%
No, classify cryptocurrencies as highly regulated securities

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Other Popular Answers

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

  @ChaseOliverLibertarian  from South Carolina  answered…1yr1Y

Sellers and consumers should be able to determine which methods of payment best suit their transactional needs.

 @9D56Z6D from Texas  answered…2yrs2Y

The government should have no say or control what so ever as to what is or is not a form of currency or payment.

 @988C9KW from New York  answered…2yrs2Y

No, classify them as a Ponzi scheme(pyramid scheme), and take criminal action against those who promote them.

 @B2FDCLR from California  answered…2mos2MO

It depends on the governmental structure and economic makeup of the country, as it could theoretically be a good form of currency for some types of economies.

 @B28JPPG from North Carolina  answered…2mos2MO

No, but because there should be no government intervention in the market, people should be allowed to use whatever they see fit as a form of currency.

 @95F9RR3 from Oregon  answered…2yrs2Y

Don't Understand

 @9FR2KGHfrom Pennsylvania  answered…1yr1Y

Yes and it is not the government's place to allow or disallow forms of payment among private parties

 @9FPHT6Mfrom Maine  answered…1yr1Y

Yes, but not as legal tender

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Active 5 days ago

 @ISIDEWITH submitted…4mos4MO

Trump's Deportation Storm: America Braces for Mass Exodus of Immigrants

For months, immigration advocates have been planning for the possibility of Donald Trump’s return to the White House. Now, their worst fears have arrived.Immigrants’ rights groups have spent the last year preparing for a second Trump term and an overhaul of the nation’s immigration system, analyzing Trump’s proposals, drafting legal briefs, coordinating messaging and organizing aid for immigrants and asylum seekers. They responded to Trump’s victory with alarm and vowed to put up a fight, setting the stage for four more years of contentious court battles with his administration.Some are already preparing to push current leadership at the Department of Homeland Security to take steps to stymie the incoming Trump team, particularly on immigrant detention and the use of AI in enforcement.“We should expect to see the devastation of immigrant communities all over the country. We should expect to see family separation,” said Kica Matos, the president of the National Immigration Law Center. “It is entirely possible that he will try to use the military to carry out deportations, so that means that Americans all over the country will see the military engaging in enforcement against civilian populations, which is horrifying.”Trump, after winning a historic victory on a platform of turbo-charged immigration enforcement, has said he will conduct mass deportations at a scale never before seen. Immigrant advocates have warned this would be expensive and inhumane, separating families and wrecking communities. The president-elect has also vowed to build huge detention camps, hire thousands more border agents, funnel military spending toward border security and invoke the Alien Enemies Act of 1798 to expel suspected members of drug cartels and criminal gangs without court hearings.He has also said he would end “catch-and-release” — allowing migrants to remain free, often with monitoring, while they await immigration court hearings — and restore a policy from his first term requiring asylum seekers to remain in Mexico while their cases are processed. And he has dodged questions about whether he would try to bring back family separation.

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