@ISIDEWITHQuestionseconomyStarted 3yrs agoActive 6 days 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 528 Los Angeles voters.

42%
Yes
58%
No
34%
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

Historical Support

Trend of support over time for each answer from 528 Los Angeles voters.

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Historical Importance

Trend of how important this issue is for 528 Los Angeles voters.

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Other Popular Answers

Unique answers from Los Angeles 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…1yr1Y

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…6 days6D

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…2wks2W

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

 @9WR8YP3 from Idaho  answered…3mos3MO

If the government were to classify cryptocurrency as legal forms of payment, they should have an official, stable, and strong cryptocurrency.

 @9GX62WV from North Carolina  answered…1yr1Y

No, but since online currency is inevitable, the government should create an official well-regulated and stable digital currency

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 @ISIDEWITH submitted…2mos2MO

Senate GOP Opts for Old Guard Over MAGA Maverick

Republicans on Wednesday elected Senator John Thune of South Dakota, their No. 2 in the chamber, to serve as majority leader in the next Congress, choosing a G.O.P. institutionalist to replace Senator Mitch McConnell of Kentucky, the Senate’s longest-serving leader.In elevating Mr. Thune, 63, G.O.P. senators turned to a traditional Republican in the mold of Mr. McConnell, and rejected a challenger more aligned with President-elect Donald J. Trump’s Make America Great Again movement.Mr. Thune made his case in an opinion essay on Fox News on Monday, arguing that Senate Republicans needed to fulfill Mr. Trump’s promises to voters in order to keep the support of a multiethnic, multiracial coalition that swept him into a second term.“If we fail to deliver on President Trump’s priorities, we will lose their support,” he wrote. “They have trusted us with their votes. Now we have to roll up our sleeves and get to work.”He also pitched colleagues on his plans to open up the Senate floor to more debate and amendments and said he would meet regularly with Speaker Mike Johnson.The newly elected leader will take the reins during a critical time for the Senate GOP. The party has a highly ambitious legislative agenda, including top priorities like tax cuts, the debt limit, government spending and more. Republican lawmakers are also openly eyeing a budget reconciliation package — a limited-use procedural option that would allow Republicans to pass a consequential bill without Democratic support. That’ll require major collaboration and potential deal-making from GOP leaders, both in the House and the Senate.

▲  1512 replies

 @ISIDEWITH submitted…2mos2MO

Vetting Fiasco: Trump's Defense Pick Caught in Sexual Assault Allegation Storm

CNN commentator and New York Times reporter Maggie Haberman said President-elect Donald Trump’s team missed Pete Hegseth’s payoff to a sexual assault accuser when they vetted him to be secretary of defense.Hegseth is among a raft of cabinet picks facing tough confirmations, and who aren’t being subjected to the customary FBI checks, instead being vetted by private firms. Over the weekend, Hegseth’s attorney dropped the bomb that there was a confidential settlement with a woman who accused the former Fox News host of sexual assault. On Monday night’s edition of CNN’s The Source with Kaitlan Collins, Haberman revealed that her sources in Trump world did not know about the payoff, which was missed in the vetting “because it was a private settlement”HABERMAN: There’s more concern from some people around Trump than there is from Trump himself, about this whole issue. Trump has really dug in, and has told advisers that he is going to stick with Hegseth. Now, we’ll see if anything else emerges.They did do a vet, we are told. This did not show up, this issue, because it was a private settlement, according to the people, who were briefed on what took place. Trump really likes Pete Hegseth. But this did introduce the thing Trump doesn’t like, which is an element of surprise and a negative headline. And so, we will see where this goes.

▲  59 replies

 @ISIDEWITH submitted…2mos2MO

AOC’s Shocking Discovery: Trump Supporters Back Her 'Populist' Stand

Rep. Alexandria Ocasio-Cortez (D-N.Y.) has taken to Instagram to listen to split-ticket voters from last week’s election, posting a question box asking “People who supported [President-elect] Trump & me OR voted Trump/Dem, tell us why” on her story. She received a variety of responses from her 8.1 million followers and beyond, citing reasons ranging from Trump and Ocasio-Cortez’s “care for the working class” to the war in Gaza. “I’m LISTENING,” she wrote. “Sometimes you gotta dig in and see it to understand and adapt! Even if it makes you want to barf.”“I support you and did this. Felt like I didn’t have a choice after Biden’s administration,” one reply said. “You are focused on the real issues people care about. Similar to Trump populism in some ways,” another said.“This is why I say that we should be signing up to knock on doors and be on the phones,” Ocasio-Cortez said in another story in response to a comment that said responses were “blowing [their] mind. “If you’re only tuning in to [mass media], you will think that most people fall along this spectrum, and a lot of people don’t.” She added that door knocking and phone banking are not a “junior thing” that politicians should grow out of. She also posted stories also asking about where leftists and Trump-supporting voters get their news from and shared some of those responses as well. Ocasio-Cortez glided to victory in her reelection race in New York last week, and will continue to represent the state’s 14th Congressional District.

▲  206 replies

Active 4hrs ago

 @ISIDEWITH submitted…1 day1D

TikTok Goes Dark for 170 Million U.S. Users

TikTok went dark for American users in an unprecedented display of the U.S.-China divide over technology and national security.The app started halting service Saturday night for 170 million users in its most important market shortly before a law took effect requiring it to shed its Chinese ownership or close in the U.S. It marked the first time the U.S. government has compelled the closure of such a widely used app, and disrupted millions of American businesses and social-media entrepreneurs who use TikTok to connect with customers and fans.TikTok users started seeing a message late Saturday saying, “Sorry, TikTok isn’t available right now.”“A law banning TikTok has been enacted in the U.S. Unfortunately, that means you can’t use TikTok for now. We are fortunate that President Trump has indicated that he will work with us on a solution to reinstate TikTok once he takes office. Please stay tuned!” There is an option under the message to get more information, and clicking brings users to a link to download their data. The app wasn’t available to download from Apple or Google’s app stores.TikTok’s disappearance could be brief, however. President-elect Donald Trump on Saturday said he would likely give TikTok a 90-day extension from the potential ban after he takes office Monday. On Sunday morning, Trump posted on social media in all capital letters, “SAVE TIKTOK!”TikTok Chief Executive Shou Chew is scheduled to attend Trump’s inauguration, along with U.S. tech luminaries including Mark Zuckerberg, whose Meta Platforms owns TikTok rival Instagram.Trump’s comments were the latest in a flurry of last-minute statements that capped a yearslong saga complicated by U.S. presidential politics, conflicting geopolitical interests and the ambiguities surrounding enforcement of the law, which outlines hefty penalties for noncompliance. Before positioning himself as TikTok’s potential savior, Trump tried to ban TikTok in his first term. President Biden, who signed the bipartisan law last April, ended his term with aides saying he wouldn’t enforce it on his final day in office.TikTok and parent ByteDance have portrayed themselves as independent of China, but their ability to do any divestiture deal to satisfy the U.S. law has been constrained by Beijing. In recent days, Chinese officials have internally discussed options including allowing a trusted non-Chinese party such as Elon Musk to invest in or take control of TikTok’s U.S. operations.

▲  1213 replies