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
Ideology
State Electorate
Suburb
Postcode
Response rates from 16.7k Australia voters.
55% Yes |
45% No |
49% Yes |
39% No |
5% Yes, the government should screen cryptocurrencies before circulation to ensure legitimate value and exchange rates |
4% 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 |
2% 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 16.7k Australia voters.
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Trend of how important this issue is for 16.7k Australia voters.
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Unique answers from Australia voters whose views went beyond the provided options.
@B3BKXMY 2wks2W
No, it has a legitimate use an international currency that is traceable if need-be. Like with the internet and with gambling, there needs to be better education about the risks.
@B34657D3wks3W
I don't really have an opinion on cryptocurrency but i am against such reliance on the internet and digital things.
@B2ZQ35C3wks3W
Yes, but this should be focused on the protection of vulnerable investors to ensure safeguards like all other regulated investment products.
@B22G8ZN3mos3MO
Depends on the regulations. But the government must do the exact same thing for banks if they’re is gonna regulate some digital currency. If anything, banks need more regulations than crypto.
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