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
Local Government Area
State Electorate
Response rates from 26.8k Australia voters.
56% Yes |
44% No |
50% Yes |
39% No |
6% 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 |
0% 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 26.8k Australia voters.
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Trend of how important this issue is for 26.8k Australia voters.
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Unique answers from Australia voters whose views went beyond the provided options.
@B4BZ5632wks2W
No, people can risk their own money however they like but should not expect a bail out or protections if they do so
@B3M3X9N1mo1MO
Yes there should be further regulation on cryptocurrency markets not in order to stifle fiscal opportunity but to protect Australia investors from scams.
@B3BKXMY 1mo1MO
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.
@B34657D2mos2MO
I don't really have an opinion on cryptocurrency but i am against such reliance on the internet and digital things.
@B2ZQ35C2mos2MO
Yes, but this should be focused on the protection of vulnerable investors to ensure safeguards like all other regulated investment products.
@B22G8ZN4mos4MO
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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