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@ISIDEWITHQuestionsTechnologicalStarted 10mos agoActive 1wk ago

Should citizens be allowed to secure their money in self-hosted digital wallets that the government can monitor but not control?

Self-hosted digital wallets are personal, user-managed storage solutions for digital currencies like Bitcoin, which provide individuals with control over their funds without relying on third-party institutions. Monitoring refers to the government having the capability to oversee transactions without the ability to directly control or interfere with the funds. Proponents argue that it ensures personal financial freedom and security while allowing the government to monitor for illegal activities such as money laundering and terrorism financing. Opponents argue that even monitoring infringes on privacy rights and that self-hosted wallets should remain completely private and free from government oversight.

32 Replies

 @ISIDEWITHDiscuss this answer...10mos10MO

Yes

 @ISIDEWITHDiscuss this answer...10mos10MO

No

 @ISIDEWITHDiscuss this answer...10mos10MO

Yes, and also allowed to use a privacy layer that prevents monitoring of funds and transactions

 @ISIDEWITHDiscuss this answer...10mos10MO

No, and ban digital wallets that do not contain backdoor access for government agencies

 @B275J7G from Quebec  disagreed…3mos3MO

My personal and private option or I'll hide it under our mattress why should government control our accounts there are many other ways and laws to monitor

 @9P39F5Ffrom Saskatchewan  disagreed…10mos10MO

Government should have control over your money unless it’s in a government agency. If government doesn’t have anything to do with the crypto wallet it shouldn’t be their business. Maybe add some regulations but people money should be theirs and have access to it whenever they need it

 @B4D8N48from Nova Scotia  answered…1wk1W

There should be regulation of these markets to ensure that nobody is investing in a currency that is a pump and dump

 @B45XZ6Wfrom Florida  answered…2wks2W

Yes, but digital wallets should be taxed if they are not approved currencies of the Canadian government

 @B35Q7K5answered…2mos2MO

Private for low and moderate values, similar regulations on higher valued accounts to prevent money laundering/illegal bribes, etc.

 @B2MJQM8from Quebec  answered…2mos2MO

No, the citizens should be allowed to secure money in self-hosted digital wallets thay the government can't monitor nor control.

 @9ZNZZY8from Ontario  answered…5mos5MO

No, but government shouldn't be allowed to freeze assets unless there is undeniable proof of wrong doing.

 @9WQ5HHKfrom Ontario  answered…6mos6MO

yes, but if something illegal is happening in said wallet the government should be able to take control if they can prove that something illegal happened

 @9W93G5Wfrom Saskatchewan  answered…6mos6MO

I believe citizens can have their own digital wallets, but the government shouldn't have any control of the accounts.

 @9VX3VPGfrom Saskatchewan  answered…6mos6MO

Allow digital wallets and the government shouldn’t be allowed too interfere

 @9VRKVNFfrom Ontario  answered…6mos6MO

The government should not be allowed to monitor or control digital wallets

 @9VPKMD8from British Columbia  answered…6mos6MO

The government should not track my money, it’s mine not yours

 @9VGNSWQfrom Ontario  answered…6mos6MO

Should be allowed to people who want it, but only people who want it.

 @9THMKDGfrom Ontario  answered…7mos7MO

Digital wallets that the government can control is how we will lose democracy and freedom

 @9RC3SBWfrom Quebec  answered…9mos9MO

Yes and these wallets should be treated as regular bank accounts - the government should get a warrant if they want to monitor an account

 @9RBY87Rfrom Ontario  answered…9mos9MO

The digital wallet should be subject to the similar regulations as an IRL bank account

 @9QZGVSTfrom Michigan  answered…9mos9MO

Yes, but monitoring should occur only after a warrant is received by a judge in the case that there is probable cause to investigate a potential crime.

 @9P7HY3XIndependentfrom Ontario  answered…10mos10MO

Yes, and it should be a joint effort from both public and private sector to monitor, not control to protect the interests and safety of citizens while upholding the rule of law.

 @ISIDEWITHasked…7mos7MO

How would you feel if every purchase you made with digital currency could be seen by someone else?

 @ISIDEWITHasked…7mos7MO

If you found a wallet full of digital currency, would you feel more compelled to try to return it knowing its transactions could be traced?

 @ISIDEWITHasked…7mos7MO

What does financial privacy mean to you in an age where digital transactions are becoming the norm?

 @ISIDEWITHasked…7mos7MO

How might knowing that your digital wallet transactions could be monitored impact what you choose to buy?

 @ISIDEWITHasked…7mos7MO

Would you trade some of your financial privacy for the promise of a safer online community?

 @ISIDEWITHasked…7mos7MO

If your digital wallet could talk, what do you think it would say about your spending habits?

 @ISIDEWITHasked…7mos7MO

How do you think criminals might adapt to a world where all digital transactions are monitored?

 @ISIDEWITHasked…7mos7MO

In the fight against illegal activities, where should we draw the line between surveillance and privacy?

 @ISIDEWITHasked…7mos7MO

Do you think the feeling of control over your digital finances would change if you knew someone was always watching?

 @ISIDEWITHasked…7mos7MO

Imagine a world where you have total control of your money online: exciting or terrifying, and why?

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 @ISIDEWITH submitted…5mos5MO

Gallup Poll Bombshell: Over Half of Ukrainians Ready for Peace

More than half of Ukrainians want talks to end the war with Russia, according to the latest Gallup polls released on Tuesday, the war’s 1,000th day. The surveys, conducted in August and October, found that 52 percent of Ukrainians want their nation to negotiate an end to the war in Eastern Europe that has been raging for over two-and-half years. Almost four in 10 Ukrainians, 38 percent, want their military to keep fighting until it wins the war. Some 9 percent did not know or refused to share their opinion on the matter. The outlook of the Ukrainians is different from the period when the invasion began in February 2022. Just months after Russia’s invasion kicked off, around 73 percent of Ukrainians wanted to keep fighting. The support for continued fighting dropped among Ukrainians in 2023 when 63 percent wanted the conflict to continue while 27 percent preferred a negotiated peace, according to the survey. The poll comes as Ukraine fired U.S.-made long-range missiles inside Russia for the first time since the restriction was reportedly lifted by the Biden administration. On the same day, Russian President Vladimir Putin lowered the threshold for the use of nuclear weapons. The support for continuing the war has dropped among Ukrainians across the country, dipping to below 50 percent throughout the nation this year, Gallup noted. The biggest declines were in regions that are far from the front lines. Over half of Ukrainians, 52 percent, agree that Kyiv should be open to making some territorial concessions as part of a cease-fire, according to the poll. Around 38 percent disagreed while another 10 percent did not know.

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