Cryptocurrencies are a collection of binary data which is designed to work as a medium of exchange wherein individual coin ownership records are stored on a public ledger using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of ownership.
39% Yes |
61% No |
32% Yes |
51% No |
7% Yes, but only for cryptocurrencies that hold stable value without price fluctuation |
6% No, classify cryptocurrencies as unregulated commodities |
3% No, but the government should create an official digital currency |
|
1% No, classify cryptocurrencies as highly regulated securities |
See how support for each position on “Cryptocurrency” has changed over time for 10.5k America voters.
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See how importance of “Cryptocurrency” has changed over time for 10.5k America voters.
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Unique answers from America users whose views extended beyond the provided choices.
@988C9KW1yr1Y
No, classify them as a Ponzi scheme(pyramid scheme), and take criminal action against those who promote them.
@99T45NQ1yr1Y
Yes, but only well established coins
@ChaseOliverLibertarian 4mos4MO
Sellers and consumers should be able to determine which methods of payment best suit their transactional needs.
@charlie3sticks 2mos2MO
No for the very simple reason that cryptocurrency, and all non-state back currency will always be outside of the sphere of monetary policy. You can pay your shady drug dealer in apples or whatever tickles his fancy, but this is jargon to try and create a foundational structure with the end goal being the degradation and acceptance of this criminal enterprise.
@9HTWRKY3mos3MO
Governments are not allowed to classified Cryptocurrencies as legal forms payment, as they will restrict or watch what others do anonymously online with their payments, away from prying eyes from the government.
@9HTDCH43mos3MO
government creates an official digital currency, and you can transfer your other currency to this one but cannot transfer it back if the other one goes back up in price and you can use it as a legal form of payment.
Stay up-to-date on the most recent “Cryptocurrency” news articles, updated frequently.
@ISIDEWITH2wks2W
In a series of revealing interviews from his jail cell, Sam Bankman-Fried, the former cryptocurrency mogul behind FTX, has broken his silence for the first time since receiving a 25-year prison sentence. Speaking to ABC News, Bankman-Fried shared his deep remorse and the haunting realization of the consequences of his actions. The 32-year-old, once celebrated as a visionary in the crypto world, now faces the reality of his downfall, marked by charges of fraud and money laundering that led to his dramatic sentencing.Bankman-Fried's reflections from behind bars offer a rare glimpse into the mindset of a man who was at the helm of one of the most influential crypto exchanges before its spectacular collapse. 'I'm haunted, every day, by what was lost,' he told ABC News, indicating a profound sense of regret over the impact of his actions on investors and the broader crypto community. Despite his current circumstances, Bankman-Fried insists that he never intentionally engaged in illegal activities, though he acknowledges that his actions fell short of the ethical standards he set for himself.The crypto entrepreneur's fall from grace has been a cautionary tale for the industry, highlighting the risks and regulatory challenges associated with the rapidly evolving digital currency landscape. Bankman-Fried's case has drawn attention to the need for greater oversight and accountability in the sector, as investors and regulators alike grapple with the implications of his actions.As Bankman-Fried serves his sentence, the crypto community continues to reckon with the fallout of FTX's collapse. The saga serves as a stark reminder of the volatility and uncertainty that can pervade the world of digital currencies, underscoring the importance of transparency and ethical conduct in the pursuit of innovation.Despite the controversy surrounding his case, Bankman-Fried's willingness to speak out and express remorse may offer some closure to those affected by the scandal. However, the long-term impact of his actions on the cryptocurrency industry and the lessons learned from this episode remain to be seen.
@ISIDEWITH3wks3W
The suspects in last week’s Moscow terrorist attack were linked to Ukrainian nationalists, the Russian Investigative Committee stated on Thursday, citing preliminary findings. The perpetrators had received “significant sums of money” from Ukraine, the law enforcement agency said.The investigators have obtained “substantiated evidence” that the suspected assailants received funding from Ukraine in the form of cryptocurrency, which was then used to prepare the terrorist attack, the statement read.Law enforcement officers also identified and detained another suspect who was allegedly involved in financing the attack, the Investigative Committee said, without identifying the individual.
@ISIDEWITH1mo1MO
In a landmark case that has sent shockwaves through the cryptocurrency world, federal prosecutors in New York have recommended a prison sentence of 40 to 50 years for Sam Bankman-Fried, the founder and former CEO of the now-defunct cryptocurrency exchange FTX. This comes after Bankman-Fried was found guilty of orchestrating one of the largest financial frauds in U.S. history, involving the theft of $8 billion from FTX customers. The severity of the proposed sentence underscores the magnitude of the crimes committed and the impact they have had on investors and the broader cryptocurrency market.Bankman-Fried, once a billionaire and a prominent figure in the crypto industry, saw his empire crumble as allegations of financial mismanagement and fraud came to light. The collapse of FTX not only led to significant financial losses for its customers but also raised serious questions about the regulatory oversight of cryptocurrency exchanges. The case against Bankman-Fried has been closely watched as a litmus test for how the U.S. legal system will handle major fraud cases within the rapidly evolving crypto sector.Prosecutors argue that the lengthy prison sentence is justified given the scale of the fraud and the betrayal of trust Bankman-Fried perpetrated against his customers. The recommendation for a 40 to 50-year sentence is based on the premise that such a punishment would serve as a deterrent to others in the industry who might contemplate similar fraudulent activities. The final decision on Bankman-Fried's sentence will be made by a judge, but the prosecutors' recommendation sends a strong message about the seriousness with which financial crimes in the cryptocurrency space are being treated.The fallout from the FTX scandal has prompted calls for tighter regulation of cryptocurrency exchanges and a reevaluation of the risks associated with digital assets. As the legal proceedings against Bankman-Fried continue, the cryptocurrency industry is grappling with the implications of the case and the need for greater transparency and accountability.The sentencing of Sam Bankman-Fried will be a defining moment in the ongoing effort to establish clearer rules and regulations for the cryptocurrency market. It also serves as a cautionary tale about the potential pitfalls of the digital finance world and the importance of maintaining ethical standards and robust oversight to protect investors.
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@ISIDEWITH12yrs12Y
Active 6hrs agoOn August 1st, 2012 the Patient Protection and Affordable Care Act (Obamacare) required all health insurers and employers to cover the cost of contraceptives in their health insurance plans. The provision currently exempts religious organizations and churches.
