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.
@ISIDEWITH11mos11MO
Yes
@9T6W4G68mos8MO
It's your money. Nobody should have access to it except you. You don't owe anyone anything. You should be able to keep it without risk of losing it.
@ISIDEWITH11mos11MO
Yes, and also allowed to use a privacy layer that prevents monitoring of funds and transactions
@B3GK4Q92mos2MO
Allowing self-hosted digital wallets to use a privacy layer that prevents monitoring enables crime, tax evasion, and fraud. Law enforcement relies on financial transparency to combat money laundering and terrorism financing. Without oversight, consumers have no protection against theft or scams. A balanced approach—ensuring privacy while maintaining regulatory safeguards—is essential for security and economic stability.
@ISIDEWITH11mos11MO
No, and ban digital wallets that do not contain backdoor access for government agencies
@9T6W4G68mos8MO
I'm not a piece of **** ing property. Unless I've done anything illegal, you stay the **** away from my earned money. I don't care what reason you have, you can't take my money without permission. I don't remember you working 3 hours of my 8 hour shift.
@B4NMQ3TOne Nation1wk1W
The government has no right to tell me what I can or cannot do with my money. Cash should always be used not only in Australia but the world.
@B3VMKY61mo1MO
We must track all citizens bank accounts, and data in case they betray the state, and we need to hunt them down.
@B3TZ7VF1mo1MO
Yes, but they should be able to be seized if they have been used to facilitate illegal transactions.
@9S8LFZ58mos8MO
The government shouldn’t have access to your personal things
@9S4MGFHOne Nation8mos8MO
Yes, but only if governments have no backdoor access or access of any kind.
Yes, but the government cannot monitor it nor control it
Citizens should be able to secure their money however they like.
@9QY8CQ59mos9MO
No, the government should not have access to monitor or control digital wallets.
Yes, but no monitoring by the government for the balance.
@9QQ5XYL10mos10MO
What do with my money is none of the government’s beeswax
Yes, but allow for the seizure of these wallets if they are being used to conduct unlawful transactions or accommodate them.
Yes, but if the wallet has been used to facilitate illegal activity or purchases then it should be allowed to be seized under the permission of a magistrate.
@9W9Q2D86mos6MO
Yes, but the government should be able to intervene if illegal activity is found as well as if the accumulation of money gets too high.
@9SFZ4TV8mos8MO
Yes but the government shouldn't be allowed to monitor it
@ISIDEWITH7mos7MO
@ISIDEWITH7mos7MO
@ISIDEWITH7mos7MO
@ISIDEWITH7mos7MO
@ISIDEWITH7mos7MO
@ISIDEWITH7mos7MO
@ISIDEWITH7mos7MO
@ISIDEWITH7mos7MO
@ISIDEWITH7mos7MO
@ISIDEWITH7mos7MO
@B4VL94V2 days2D
Allowed to use digital wallets if individual chooses. Completely private from anyone. Must maintain access to cash.
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