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.
Statistics are shown for this demographic
Political party
Province/Territory
Response rates from 1.4k Canada voters.
32% Yes |
68% No |
28% Yes |
62% No |
4% Yes, but only for cryptocurrencies that hold stable value without price fluctuation |
3% 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 |
Trend of support over time for each answer from 1.4k Canada voters.
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Trend of how important this issue is for 1.4k Canada voters.
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Unique answers from Canada voters whose views went beyond the provided options.
@9F4WLGC1yr1Y
Don’t know enough about the topic
@9BKK3RM2yrs2Y
it depends, many cryptos are unstable and not backed by fiat acting as pyramid schemes. Others are stable, backed by fiat and have protections similar to current tender. Selecting the correct crypto for legal tender is not a yes/no question.
@956XVNY2yrs2Y
No, more research and understanding of the impacts of cryptocurrency needs to be known before we can accept it as a currency.
@945RR7P2yrs2Y
No, as we shall outlaw them and hunt down who try to obtain or "mine" them
@8YB46F33yrs3Y
Government should be uninvolved in the crypto markets.
@8XZNFFC3yrs3Y
Regardless, the government should not regulate cryptocurrency at all.
@8XKT3BG3yrs3Y
Yes, classify cryptocurrencies as a commodities (tokens)
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