Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Bitcoins are stored in a digital wallet, which is like a virtual bank account that allows users to send or receive bitcoins and pay for goods or services. Bitcoin is anonymous, meaning that, while transactions are recorded in a public log, the names of buyers and sellers are never revealed.
31% Yes |
69% No |
23% Yes |
54% No |
7% Yes, but it should not replace our national treasury-backed currency |
7% No, classify it as a commodity |
0% Yes, and all countries should switch to a blockchain currency like Bitcoin |
5% No, it provides too high of risk for criminal activity |
3% No, and it has no intrinsic value |
See how support for each position on “Bitcoin” has changed over time for 44k Australia voters.
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See how importance of “Bitcoin” has changed over time for 44k Australia voters.
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Unique answers from Australia users whose views extended beyond the provided choices.
@8TSMMHP3yrs3Y
There should be NO centralised currency.
@8TNK6BR3yrs3Y
It just shouldn't be considered as anything to do with how markets typically view assets
@aznpride1123yrs3Y
All cryptocurrency should be classified as a legal currency
@8T82K9K3yrs3Y
No, the proof of work algorithm is dangerous for the environment
@8T5TYXP3yrs3Y
No, Those within the current political systems will only harm it.
Explore other topics that are important to Australia voters.
@ISIDEWITH11yrs11Y
Active 3mos ago
