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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@ISIDEWITH10mos10MO
No
@9ZJD3Y24mos4MO
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
@ISIDEWITH10mos10MO
Yes, and ban the use of crytocurrencies
@9ZFNW8FConservative4mos4MO
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.
@9RF48S48mos8MO
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.
@9TMMVLNNew Democratic6mos6MO
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.
@B3K9X786 days6D
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.
@B2VL9PL1mo1MO
Like all currency, cryptocurrencies manifest greed, hoarding and violence - exporting suffering and tragedy to the dissident voices within the dominant culture.
@B2V8SXT1mo1MO
They should be monitoring for big, suspicious things and also keeping track of how much this is costing to generate the crypto.
@B2TJXWJ1mo1MO
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.
@B2R5LFN1mo1MO
The government should make laws surrounding this issue because we have no way to criminalize people for crimes of this nature.
@B2X8V2K4wks4W
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.
@9YKHL3B4mos4MO
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.
@9VJLT3Z5mos5MO
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.
@9V798RX5mos5MO
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.
@ISIDEWITH6mos6MO
Do you think digital currency can truly replace physical money in our everyday lives, and why?
@9TX84QL6mos6MO
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
@9TC77NN6mos6MO
Yes, the crypto platforms should be regulated to ensure that the money that people have in crypto is protected from fraud and theft.
@9QQVM6K8mos8MO
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.
@9MY8CRV10mos10MO
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.
@9ZRYMM34mos4MO
Yes and underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy
@9RVGGSKConservative7mos7MO
The government should impose regulations to make sure that Canadians can invest their money into currencies which are safe and sound.
@9RBYBX68mos8MO
I have never used crypto currencies, and most likely never will. I heavily believe in taxing the rich.
@9RBSFL78mos8MO
No, current regulation already taxes realized gains and further regulation beyond enforcing this is unnecessary
@9QYGYWZ8mos8MO
Make citizens less vulnerable and desperate, as well as more educated so as to avoid resorting to cryptocurrency.
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
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