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.
Statistics are shown for this demographic
Polling Division
Province/Territory
Postal Code
Response rates from 1k Democratic Socialism voters.
68% Yes |
32% No |
62% Yes |
28% No |
5% Yes, the government should screen cryptocurrencies before circulation to ensure legitimate value and exchange rates |
3% No, and underprivileged citizens deserve the same financial opportunities and services that traditional banks offer the wealthy |
1% Yes, and ban the use of crytocurrencies |
1% No, and citizens should be allowed to protect their savings from reckless fiscal policies or subjugation |
Trend of support over time for each answer from 1k Democratic Socialism voters.
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Trend of how important this issue is for 1k Democratic Socialism voters.
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Unique answers from Democratic Socialism voters whose views went beyond the provided options.
@9RF48S44mos4MO
Crypto, just like art, is for laundering money for doing crime. Unlike art, crypto only has this one purpose
@9MTKF536mos6MO
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.
@9TMMVLN2mos2MO
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.
@9YKHL3B2wks2W
No, rather than the government getting involved they should entrust banks to ensure that cryptocurrency is properly regulated and is intact it’s value
@9V798RX2mos2MO
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.
@9VRCJWV1mo1MO
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.
@9VJLT3Z2mos2MO
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.
@9TC77NN2mos2MO
Yes, the crypto platforms should be regulated to ensure that the money that people have in crypto is protected from fraud and theft.
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