Crypto technology offers tools like payment, lending, borrowing, and saving to anyone with an internet connection. Proponents argue that stricter regulations would deter criminal use. Opponents argue that stricter crypto regulation would limit financial opportunities to citizens that are denied access to or can't afford the fees associated with traditional banking.
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@ISIDEWITH12mos12MO
No
@9ZJD3Y26mos6MO
Governments around the world are watching Bitcoin warily because it has the potential to upend the existing financial system and undermine its role meaning that they don't want to have it because they can't control it
@ISIDEWITH12mos12MO
Yes, and ban the use of crytocurrencies
@9ZFNW8FConservative6mos6MO
Cryptocurrency provides a means for people to invest and save money in ways that protect them from the public markets as well as from the detrimental influence of the government, public companies, and financial markets.
@9TMMVLNNew Democratic8mos8MO
personally, I don't think the government should put stricter regulations on cryptocurrencies because investing your own money in them is a personal choice, and the government shouldn't interfere with how you manage your finances.
@9RF48S49mos9MO
Crypto, just like art, is for laundering money for doing crime. Unlike art, crypto only has this one purpose
Cryptocurrency can be the future as the rate of it is increasing day by day. So investment in such can be a great prospect for people. The Government can take the initiative to regulate the currency.
@B43SXTX 1mo1MO
Support consumer protection laws (e.g., requiring exchanges to be transparent and insured).
Encourage reasonable anti-fraud measures without limiting innovation.
Push for clear, fair regulations that promote security while keeping crypto accessible.
Advocate for tax clarity so crypto users know their obligations without excessive burdens.
@B3K9X782mos2MO
It depends but I think it should be both in the sense of monitoring cryptocurrencies and allowing citizens or anyone to have the opportunity to have better financial standards because of income displacements and laws being passed, so there should be a way to bring structure on both sides of the table.
@B2VL9PL3mos3MO
Like all currency, cryptocurrencies manifest greed, hoarding and violence - exporting suffering and tragedy to the dissident voices within the dominant culture.
@B2V8SXT3mos3MO
They should be monitoring for big, suspicious things and also keeping track of how much this is costing to generate the crypto.
@B2TJXWJ3mos3MO
No, only because cryptocurrencies are not seen as 'money' by banks and governments, cannot function the same way that traditional money can, and are altogether on a platform of their own and who knows how long they're going to last.
@B2R5LFN3mos3MO
The government should make laws surrounding this issue because we have no way to criminalize people for crimes of this nature.
@B4RZZVR2wks2W
The Canadian government should be buying as much bitcoin as it can for their reserve so we don’t get left behind. Very grateful we in Canada have the option to buy bitcoin in an ETF.
@B4NCHZ8Conservative2wks2W
It should be regulated so that it cannot be used for money, laundering, and terrorism financing. I don’t think it needs to be regulated to prevent crashes i.e. to protect the consumer.
@B4MK8NJ3wks3W
yes and no, underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy but the government should screen cryptocurrencies before circulation to ensure legitimate value and exchange rates.
@B4KM6ZK3wks3W
Companies should have to provide certain disclosures but I do not believe they necessarily need to be regulated
@B4JZFDL3wks3W
No, but it needs to operate with warning to citizens that it is unregulated so if issues occur, it is at the risk of the participant.
@B465KR61mo1MO
No, and government should remove existing regulations on cryptocurrencies. Citizens should be allowed to act as their own independent financial institution, insulated from the fiscal policies of the government or whims of banks.
@B2X8V2K3mos3MO
No, it's their money they can decide how and where to spend their money, if it gets out of control than start supervising and regulate the users account.
@9YKHL3B6mos6MO
No, rather than the government getting involved they should entrust banks to ensure that cryptocurrency is properly regulated and is intact it’s value
It depends on the investor. And it's also just a matter of luck. Sometimes prices rise, whilst some plummet. But as long they come in prepared for the worst, then I won't limit their use of Cryptocurrencies.
@9VJLT3Z7mos7MO
Cryptocurrency currently relies on excessive mining from computers, and people who do it more often should be assessed for their energy usage in regards to the carbon tax.
@9V798RX7mos7MO
No, but citizens should be allowed to protect their savings from fiscal policies or subjugation. The government should also screen cryptocurrencies before circulation to ensure legitimate value and exchange rates.
@ISIDEWITH8mos8MO
Do you think digital currency can truly replace physical money in our everyday lives, and why?
@9TX84QL7mos7MO
Yes, it is a technologically-safe way to prove ownership of things and we should cut out the middle man (banks) from managing people's wealth
@9TC77NN8mos8MO
Yes, the crypto platforms should be regulated to ensure that the money that people have in crypto is protected from fraud and theft.
@9QQVM6K10mos10MO
I don't think the government should put stricter regulations on cryptocurrencies because investing your own money in them is a personal choice, and the government shouldn't interfere with how you manage your finances.
Crypto currency is a disruptive, innovative, frontier. However, some regulation is needed to protect massive fraud.
@9MY8CRV11mos11MO
There are too many scams and bad actors in the crypto sector. There is no such thing as a currency or financial product that doesn’t have laws or isn’t regulated.
@9ZRYMM35mos5MO
Yes and underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy
@9RVGGSKConservative9mos9MO
The government should impose regulations to make sure that Canadians can invest their money into currencies which are safe and sound.
@9RBYBX69mos9MO
I have never used crypto currencies, and most likely never will. I heavily believe in taxing the rich.
@9RBSFL79mos9MO
No, current regulation already taxes realized gains and further regulation beyond enforcing this is unnecessary
@9QYGYWZ10mos10MO
Make citizens less vulnerable and desperate, as well as more educated so as to avoid resorting to cryptocurrency.
@ISIDEWITH8mos8MO
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