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.
Statistics are shown for this demographic
State
Federal Electorate
Response rates from 161 Sydney voters.
75% Yes |
25% No |
63% Yes |
25% No |
12% Yes, and also allowed to use a privacy layer that prevents monitoring of funds and transactions |
0% No, and ban digital wallets that do not contain backdoor access for government agencies |
Trend of support over time for each answer from 161 Sydney voters.
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Trend of how important this issue is for 161 Sydney voters.
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Unique answers from Sydney voters whose views went beyond the provided options.
@9W9Q2D81mo1MO
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.
@9SFZ4TV3mos3MO
Yes but the government shouldn't be allowed to monitor it
@9S8LFZ53mos3MO
The government shouldn’t have access to your personal things
@9S4MGFH3mos3MO
Yes, but only if governments have no backdoor access or access of any kind.
@9RRF82Q4mos4MO
Yes, but the government cannot monitor it nor control it
@9R5FRGW4mos4MO
Citizens should be able to secure their money however they like.
@9QY8CQ54mos4MO
No, the government should not have access to monitor or control digital wallets.
@9QQF8GY5mos5MO
Yes, but no monitoring by the government for the balance.
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